Tokyo - Mitsubishi Kagaku Media (MKM) announced today it had acquired Freecom, a privately held data storage and multimedia solutions provider, and will add it to the MKM/Verbatim group.
Freecom is based in Germany, with offices around the world.
The stock-funded acquisition was effective Sept. 1 and includes all of Freecom's physical assets, patents, trademarks, technology, engineering, sales and marketing expertise. The purchase price was not disclosed.
MKM called Freecom "an industry pioneer in easy-to-use external storage and one of the leading European storage brands, holding many key distribution and retail partnerships throughout Europe and currently expanding in Asia."