Imation Sells RDX Storage Business to Sphere 3D
Sphere 3D Corp. announced that its Overland Storage subsidiary has purchased Imation’s RDX storage business in an all stock transaction valued at roughly $6.3 million.
Sphere 3D Corp. announced that its Overland Storage subsidiary has purchased Imation’s RDX storage business in an all stock transaction valued at roughly $6.3 million.
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Sphere 3D and Overland Storage announced that the companies plan to merge in an all-stock deal.