Storage Technology Corp. (StorageTek) (NYSE: STK) has upped its bid in the ILM market through a partnership with Germany-based IXOS Software AG (Nasdaq: XOSY).
The alliance is a way for StorageTek to elbow its way through a growing crowd of information lifecycle management (ILM) products and vendors that are peddling tools to manage the content and archiving of data and email. The deal also should make StorageTek's Email Xcelerator package a bit more of an enterprise suite.
StorageTek will enhance Email Xcelerator with IXOS email archiving and content management software. StorageTek also will resell the IXOS-eCon Solution Suite with its storage management hardware.
StorageTek's been lagging in ILM. In fact, a bunch of competitors have beaten it to the punch. EMC Corp. (NYSE: EMC) bought Documentum Inc. to beef up its ILM capabilities; Network Appliance Inc. (Nasdaq: NTAP) spun its Spinnaker Networks Inc. acquisition as a step towards ILM; and IXOS is already partnered with Hitachi Ltd. (NYSE: HIT; Paris: PHA), IBM Corp. (NYSE: IBM), and Hewlett-Packard Co. (NYSE: HPQ). (See EMC Cops Documentum, NetApp Annexes Spinnaker, HDS Expands Software, Services, and HP Debuts ILM Strategy.)
StorageTek needs to expand its software capability, Legg Mason Inc.
senior analyst Clay Sumner says. There doesnt appear to be anything exclusive about this agreement, but its important for StorageTek to build out its ILM capabilities.
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