Friday 18 January 2013

Imation Aquires Nexsan with Hopes to Improve Storage &Security Solutions

Storage solution company Nexsan has been acquired by the Imation Corporation, a storage and data security company with the goal of improving Imation's operating margins for data storage and security solutions.With the acquisition of Nexsan, Imation will be able to utilize its previously mentioned solution platforms to improve what the company can offer its consumer base.The combination of Nexsan’s products, technologies and talented teams with Imation’s global reach and infrastructure will be an excellent accelerator for our growth strategy in storage solutions.According to a conjoined statement from the two companies they have noticed that small businesses and distributed enterprises or SME storage companies are having trouble meeting consumer needs but with this acquisition Nexsan and Imation will be able to combine their services and tools to improve data storage and management issues that these businesses currently face.

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