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IBM to Unveil New Storage Line

July 26, 1999|Bloomberg News

IBM Corp., the world's No. 1 computer maker, today will unveil a storage system for large computer networks to take on rival EMC Corp., the leading maker of storage devices for big corporations. The IBM storage system, code-named Shark, can hold more than 11 terabytes of information, which is more than the printed collection of the U.S. Library of Congress. The product can be hooked up to a range of computers, from mainframes to servers based on Intel Corp. processors. Ten years ago, IBM dominated the storage systems business. EMC unseated IBM in the mid-1990s with an aggressive sales force targeting the mainframe market. Now IBM is striking back as companies seek to store more data on expanding networks. IBM will start shipping the new system in September.

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