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Adaptec and IBM Ink RAID Licensing and OEM Pacts

Adaptec Inc. , a data-storage-access solutions provider, today announced licensing and OEM agreements with IBM that it expects will lead to approximately $200 million in new revenue opportunities for Adaptec over the next three years.

According to the agreements, Adaptec will supply RAID products to IBM for its xSeries servers and license IBM's ServeRAID technology for use in its PCI RAID and external RAID products.

"We're pleased to work with Adaptec and extend our relationship to encompass RAID technology for eServer xSeries servers," said Susan Whitney, general manager of IBM's eServer xSeries.

Robert N. Stephens, president and CEO at Adaptec, said, "We are looking forward to working with IBM on its current and future products. IBM's ServeRAID team and technology will enhance our leadership position in internal RAID and provides an important building block for our external RAID solutions."