Headline: Imation buys Exabyte stake
Date: 10 Nov 03

10 November 2003 – Oakdale (MN): Imation has unveiled details of a $20 million investment in tape backup systems company Exabyte.

The Deal gives Imation exclusive global marketing and distribution rights to Exabyte’s products as well as an equity investment, which is said to represent “less than 5% of total equity”.