Removing data from Solution Manager 7.1

Hi Gurus;

In my landscape I have got Solution Manager 7.1 SP12 installed on Linux Red Hat and Oracle 11.2.0.4

Currently it is being  used as a data repository for HP-ALM 11.52 and store test results and test scripts for HP-ALM 11.52.

With Solman being used as a data repository it has grown a lot in volume and now i want to take out all the data from Solman and build an external data repository and connect it with ALM -11.52

Can any one let me know how i can make this happen?

Thanks

Tushar