MKM Adds Freecom To Verbatim Group


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."


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