Texas Memory Systems (TMS) sells solid state storage packaged as rackmount systems (up to 24TB in a 1U enclosure) and PCIe cards.
"The TMS strategy and solution set align well with our Smarter Computing approach to information technology by helping clients realise increased performance and efficiencies at lower costs," said Brian Truskowski, general manager, systems storage and networking, IBM.
He explained that solid state technology is a critical component of IBM's new Smarter Storage approach to the design and deployment of storage infrastructures.
Holly Frost, founder and CEO of TMS, said "IBM understands the positive and dramatic impact that solid state technology can have on storage and server infrastructures, and once the acquisition is complete we look forward to advancing the technology even further.
"With the global reach of IBM, we expect to grow the engineering staff and product lines much faster than we could before."
The transaction is expected to close later this year. Financial terms were not disclosed.