IBM buys Newton's FilesX
IBM Corp. today said it has agreed to buy FilesX Corp., a small storage software company in Newton, for an undisclosed sum.
FilesX, which operates a development lab in Haifa, Israel, and has more than 100 customers in the United States and Israel, specializes in helping businesses and their remote offices protect and recover data residing on Microsoft Windows servers. The company will be integrated into the IBM Software Group and its big Tivoli product line.
The deal, which is expected to close shortly, will be the 10th software acquisition in Massachusetts for IBM, which has nearly 5,000 employees in the state. Worldwide, the Armonk, N.Y.-based technology giant has acquired 54 software companies as it bids to strengthen its market with businesses and other enterprises.
(By Robert Weisman, Globe staff)







