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Byline: John Pletz
Jul. 7--AUSTIN, Texas--IBM Corp. and Compaq Corp. are joining forces in an assault on the lucrative and growing market for Internet data storage that many see as crucial for computer companies.
IBM and Compaq will invest a combined $1 billion in a partnership in which each company will cross-sell a limited amount of the other's products rebadged under their own names.
IBM brings the Shark, its high-end, mainframe storage product line, while Compaq will chip in with StorageWorks, a Windows NT offering. Compaq also will sell some systems-management software made by Austin-based IBM subsidiary Tivoli Systems.
Together, IBM …