April 3, 2024
You are here:  Home  >  'Imation'

Nexsan sold for $120M

By   /  Thursday, January 3rd, 2013  /  Banking & Finance, Latest news, Technology  /  Comments Off on Nexsan sold for $120M

Thousand Oaks-based Nexsan Corp., a maker of hard-disk storage arrays for mid-sized businesses, has been purchased by Imation Corp. for $120 million. Imation will pay $105 million in cash and 3.3 million common shares, worth about $15 million, for the Thousand Oaks firm. Nexsan is privately held but kicked off an unsuccessful bid to go Read More →