Comments on: IBM Acquires Storage Company XIV For $350 Million

By: 2008 Year End Acquisitions Post » The StartUp Blog at PartnerUp

2008 Year End Acquisitions Post » The StartUp Blog at PartnerUp — Tue, 06 Jan 2009 16:28:07 +0000

[...] XIV is an Israeli based data storage technology company. Press Release | TechCrunch [...]

By: Web 2.0, muito a ver com Israel « Nataniel. Notas sobre as TIC

Web 2.0, muito a ver com Israel « Nataniel. Notas sobre as TIC — Mon, 03 Nov 2008 11:57:27 +0000

[...] Uma procura (aqui, aqui e aqui) revela bem como muitas delas sao startups de sucesso, ou outras que foram vendidas por mais de 350 milhoes de USD, que sendo criação de graduados do projecto Talpiom ou nao a verdade é que o volume de negocios [...]

By: The Inquirer ES : IBM adquiere empresa de almacenamiento por 350 millones de dólares

Mon, 25 Aug 2008 14:40:12 +0000

[...] TechCrunch [...]

By: List of Q1 2008 Web/Internet/Technology Acquisitions » The StartUp Blog at PartnerUp

Wed, 21 May 2008 14:03:22 +0000

[...] XIV is an Israeli based data storage technology company. Press Release | TechCrunch [...]

By: NetApp Buys Boston/Israeli Startup Onaro For $120 Million

NetApp Buys Boston/Israeli Startup Onaro For $120 Million — Sat, 17 May 2008 01:48:03 +0000

[...] into 2008 and we’ve already seen two monster exits in Israel. Yesterday it was XIV with a $350M exit on a $3M investment. Today, Israeli financial media is reporting (here, in Hebrew) that Network [...]

By: » Blog Archive » The Bubble May Soon Burst for Digital Content Company Valuations

Mon, 03 Mar 2008 15:32:02 +0000

[...] 2008 – IBM acquires XIV for $300-350 million. January 2008 – Yahoo acquires Maven Networks for $160M. February 2008 – Panther Express secures [...]

By: NetApp Buys Boston/Israeli Startup Onaro For $120 Million teasered @ TechTalkBlog

Thu, 03 Jan 2008 23:42:26 +0000

By: Tech Support

Tech Support — Thu, 03 Jan 2008 22:16:10 +0000

@10 – you’re based in Australia? That means you’re a lazy ass dole blud…Kidding, just kidding!

By: Jack

Jack — Thu, 03 Jan 2008 21:09:48 +0000

They have paid about 23%-25% tax. Maybe the government is made out of Jewish people, but the people leaving in Israel are Jewish as well, you know what I mean?… ; )

(I’m also Jewish that lives in Israel so I’m allowed to say such things for all of you delicate ones..)

By: Ben

Ben — Thu, 03 Jan 2008 20:58:21 +0000

@ Shalom:
you are right, about 20% of the people in Israel are among the most ‘entrepreneurial’ groups in the world. Israel has nothing – no land, no natural resources, so it creates technology and innovation. Israel brings to the world the best technologies in every aspect of life – health, communication, agri-tech, etc. However, 50%-80% of Israel’s population is not productive at all, and I would leave everybody guessing who those people are.

By: Nickster

Nickster — Thu, 03 Jan 2008 18:54:46 +0000

Dude, no offense but that is not funny.

By: IBM Continues With Another Acquisition - Betaflow

IBM Continues With Another Acquisition - Betaflow — Thu, 03 Jan 2008 15:58:35 +0000

[...] based storage tech company XIV has been acquired by IBM for a reported sum of $350 million. XIV was founded in 2002 with $3 million in funding. At [...]

By: Web Design in Australia

Web Design in Australia — Thu, 03 Jan 2008 14:20:51 +0000

@chrisw

At least high tax here is justified (constantly updating infastructure for a (relatively) low population over a very large area. Also we enjoy good health, education and welfare.

But Israel – Why are taxes so high there? Is it because they’re Je…. Kidding, just kidding!

By: chrisw

chrisw — Thu, 03 Jan 2008 13:11:40 +0000

@goflip – Really? 60% tax? And I thought Australia was bad!

By: goflip

goflip — Thu, 03 Jan 2008 13:01:13 +0000

eek think about this, they pay the government of Israel 60% of that.

By: Shalom

Shalom — Thu, 03 Jan 2008 10:59:30 +0000

Not too long ago, I read somewhere that Israel is the most ‘entrepreneurial’ country in the world.

At the time, I found that hard to believe, but it is getting more and more clear that that seems to be the case. Good for them.

By: Drunkan

Drunkan — Thu, 03 Jan 2008 10:53:26 +0000

IBM has acquired Israeli based data storage technology company XIV for what is believed to be $350 million.

XIV’s main product Nextra is a storage system based on a grid of standard hardware components. XIV will become part of the IBM System Storage business unit of the IBM Systems and Technology Group.

Andy Monshaw, general manager for IBM System Storage said that the acquisition of XIV will “further strengthen the IBM infrastructure portfolio long term and put IBM in the best position to address emerging storage opportunities like Web 2.0 applications, digital archives and digital media.”

XIV was founded in 2002 by five graduates from the 14th class of the Israeli Army’s elite “Talpiot” program (hence the XIV) with $3 million in backing, making this a monster exit for them. Executive Chairman and Co-Founder of XIV Moshe Yanai was also previously with EMC

By: Peter

Peter — Thu, 03 Jan 2008 10:39:50 +0000

Well if you can turn 3 million in 350 million you must be elite! (-;

By: Marzipan From Toledo

Marzipan From Toledo — Thu, 03 Jan 2008 10:12:39 +0000

Is it me or is every division of the Israeli army “elite”

By: MP3 Nation

MP3 Nation — Thu, 03 Jan 2008 09:18:30 +0000

Check out the top 50 songs of 2K7 & even download them!!!

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Do post your replies…..

By: Jack

Jack — Thu, 03 Jan 2008 09:10:29 +0000

It is a big deal since the company raised only 3M since foundation and no VC’s were involved. They made more then 100 times for their investment..
Amazing success!

By: ▓▓▓ TechnoQ ▓▓▓

▓▓▓ TechnoQ ▓▓▓ — Thu, 03 Jan 2008 08:36:00 +0000

I think that this wasn’t such a big deal after all for a company like IBM!!!