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In 2000, IBM, HP and Seagate initiated the linear tape-open (LTO) technology format in 2000. LTO drives are widely used with small and large computer systems, especially for backup, and in 2000 could store up to 100GB of data. IBM is the first to market with LTO generation 1 tape, now in its 5th generation.
In 2005, IBM introduced the TS1120 which featured improvements in speed, capacity, and compatibility. The TS1120 addressed the needs of tape customers across a broad range of computing environments.
The IBM Virtualization Engine TS7700 made its first appearance in 2006 as part of a family of mainframe virtual tape solutions that optimize tape processing and business continuance. Through the use of virtualization and disk cache, the TS7700 is able to operate at disk speeds while maintaining compatibility with existing tape operations.