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MKM Extends Global Presence and Position in External Storage Market.
TOKYO (September 3, 2009) - Mitsubishi Kagaku Media Co,, Ltd. (MKM) announced today the acquisition of Freecom B.V., a privately held data storage and multimedia solutions provider established in Germany with headquarters in Rijswijk, Netherlands and offices in Austria, Belgium, France, Hong Kong, Italy, Japan, Spain, Sweden, Switzerland, Taiwan and United Kingdom. Effective September 1, 2009, the stock-funded acquisition includes all of Freecom's physical assets, patents, trademarks, technology, engineering, sales and marketing expertise. The purchase price was not disclosed. With the acquisition, MKM adds Freecom to the MKM/Verbatim group. Verbatim is already a leading brand in the worldwide external storage market. |