March 28, 2002, 10:31 AM — Storage access provider Adaptec Inc. has signed licensing and manufacturing agreements with IBM Corp. that the companies estimate will generate US$200 million in revenue over 3 years, Adaptec and IBM announced Thursday.
Adaptec, based in Milpitas, California, will supply RAID (Redundant Arrays of Independent Disk Drives) products to Armonk, New York-based IBM for its xSeries servers, and will license IBM's ServeRAID technology for use in its PCI (Peripheral Component Interconnect) RAID and external RAID products, the companies said in a statement.
Financial terms of the agreement were not disclosed, and company representatives could not immediately be reached for comment.
RAID technology, which is seen as a way to improve data recovery, allows a large number of disks to be treated by the system as if they were a single storage device. Last month, IBM announced it was integrating support for RAID 5 in the server cabinet of its eServer p610 series, instead of in a separate storage box.