Verbatim® Corporation and its parent company Mitsubishi Kagaku Media (MKM), announced the purchase of substantially all of the assets of SmartDisk® Corporation?s external hard drive (HD) and digital imaging business. The acquisition, which includes physical assets, patents, trademarks, technology, engineering and marketing expertise, was effective on June 30, 2007. The purchase price has not been disclosed.

By combining its worldwide brand strength and its new assets, Verbatim will offer an expanded line of optical, magnetic and flash products that meet the diverse storage needs of consumers and businesses around the globe.

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