News
News
Iomega Buys ExcelStor
Published: 13 December 2007
by Staff
SAN DIEGO – Iomega Corp. will buy ExcelStor Great Wall Technology and Shenzhen ExcelStor Technology in a stock swap deal valued at about $317 million.
Hong Kong-based Great Wall owns the maker of disk drives and related products collectively known as ExcelStor.
The deal is expected to close in about six months.
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