Wednesday, February 07, 2007

Hitachi Data Systems to Acquire Archivas - Waltham, MA

Hitachi Data Systems, the data storage unit of Japanese consumer electronics giant Hitachi, said on Tuesday that it will acquire Archivas, a Massachusetts-based developer of digital archiving technology. Financial terms of the deal were not disclosed. Hitachi Data Systems said that the acquisition builds on a product development and distribution deal that it signed with Archivas last year. Under that agreement, the company developed an archiving platform built on Archivas' technology.


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