Imation buys solid-state storage vendor Nexsan
Posted on January 02, 2013 at 12:00 PM EST
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.