Texas Memory Systems (TMC) is set to be purchased by IBM, in order to enhance the technology giants offering and acquiring technology licensed by TMC.

Brian Truskowski, general manager of systems storage and networking at IBM, said: “The TMS strategy and solution set align well with our smarter computing approach to information technology, by helping clients realise increased performance and efficiencies at lower costs”.

So far both sides have yet to comment on the position of TMC in the purchase, if whether the company will be absorbed completely into IBM, or if it will remain and a stand-alone department.