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IBM, Seagate Flash Their M&A Cash

IBM and Seagate have jumped further into the managed services market, snapping up, respectively, Arsenal Digital and MetaLINCS, for undisclosed fees today.

Data protection specialist Arsenal Digital is the latest in a string of services-related acquisitions from IBM, and follows the recent purchases of Novus CG and Softek.

Arsenal Digital's flagship product is its ViaBack solution, which is sold to service providers looking to back up their customers' data.

The Cary, N.C.-based firm, which claims that its solutions are sold to some of the world's largest telecom providers, will now form part of IBM's Business Continuity and Recovery Services (BCRS) products, according to Mike Riegel, IBM's vice president of information protection services.

"This is going to offer us a great capability to recover customers' data even faster," he said, adding that IBM is also keen to get its hands on Arsenal's customer list. "The first thing that attracted us to them was the customer base -- they have 3,400 customers across 60 data centers in 12 countries."

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