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March 3, 2011 07:17 pm GMT

Imation Acquires Encryption And Security Solutions Company ENCRYPTX

Imation, a global developer and marketer of branded products that enable people to store and protect digital information, has acquired ENCRYPTX Corporation, which provides encryption and security solutions for removable storage devices and storage media.Terms of the deal were not disclosed, but approximately 10 employees will transfer from ENCRYPTX to Imation.

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