Imation buys solid-state storage vendor Nexsan

Imation, a storage and data security company, has acquired Nexsan, a vendor of disk-based storage systems, in a deal worth about $120 million, the company announced.

The acquisition of Nexsan gives Imation a portfolio of disk-based and hybrid disk and solid-state storage systems, Imation said Wednesday. Nexsan, based in Thousand Oaks, California, has more than 11,000 customers worldwide.

Source: http://akamai.infoworld.com/d/the-industry-standard/imation-buys-solid-state-storage-vendor-nexsan-209909?source=rss_storage

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