Under the terms of the agreement, Quantum will work with IBM on LTO-10 tape drives and media.
"With the massive growth in data, as well as pervasive ransomware threats, low-cost ultra-secure LTO is more relevant than ever," said Jamie Lerner, chief executive in Quantum, in a statement.
The terms of the agreement were not disclosed.
Quantum shares rose 3% in premarket trading, while IBM was off 0.6%.
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