Monday, January 25, 2016

Western Digital Acquires 100+ Patents from IBM

Western Digital has acquired more than 100 patent assets from IBM in distributed storage, object storage, and emerging non-volatile memory. The companies also entered into a patent cross-license agreement. Financial terms were not disclosed.

"This agreement reflects our continued focus on innovation and sets the stage for even more rapid advancement and commercialization of new data storage solutions," said Mike Cordano, president and chief operating officer, Western Digital. "We are building on Western Digital and IBM's long-standing relationship and look forward to future collaborations and business opportunities."

http://www.ibm.com
http://www.wd.com

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