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IBM and Pure Storage have announced that Pure has acquired over 100 storage and related technology patents from IBM and the companies have signed a patent cross-license agreement. Financial terms for the deal have not been disclosed.

"This transaction significantly increases the number of Pure Storage's patents, creating a more robust and strategic patent portfolio that will allow our customers to benefit even more from our focus on advancing storage innovation," said Joe FitzGerald, vice president, Legal for Pure Storage.

"This agreement with Pure Storage demonstrates the value of IBM's patented inventions and our dedication to encouraging innovation by licensing access to our extensive patent portfolio. IBM's extensive R&D investment and the industry's largest storage array patent portfolio are key drivers behind our flash storage leadership," said Dr. William LaFontaine, General Manager, Intellectual Property for IBM. IBM has led the annual list of U.S. patent recipients for 21 consecutive years.

Pure CEO Scott Dietzen commented: "Going forward, our hope is that this significant expansion of our patent portfolio will serve as a clear warning that Pure is serious about defending our ability to disrupt a storage marketplace that is deeply in need of innovation, and moreover, that Pure is in this for the long haul."
www.purestorage.com