Xconomy Boston

HP Acquires IBRIX for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a5381bef-3764-4e60-bd31-18d92ad8d5e1&Preview=1
Date
7/17/2009
Company Name
IBRIX
Mailing Address
300 Concord Road Billerica, MA 01821
Company Description
IBRIX is developing critical solutions that address the fundamental shift taking place in the enterprise compute environment from proprietary, monolithic architectures to those utilizing standards-based, commodity hardware. With software-based scalable file storage solutions able to address the most demanding needs of high performance cluster computing as well as those of scale-out commercial computing environments, IBRIX is playing a key role in solving real-world business problems.
Website
http://www.ibrix.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
Financial terms of the transaction were not disclosed.