Tech Company M&A Transactions
EMTEC Magnetics GmbH Acquisition
On 6/30/2003, EMTEC Magnetics GmbH was bought by Imation. The transaction price was $15 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/30/2003
Transaction Type
M&A
Amount
$15,000,000
M&A Terms
Under the terms of the agreement, Imation will acquire assets and intellectual property, including patents, licenses, and technical knowledge, relating to removable data storage tape media. The purchase price is approximately US $15 million in cash.
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
Kaiser-Wilhelm-Strasse 52
Ludwigshafen am Rhein, 67059
Germany
Ludwigshafen am Rhein, 67059
Germany
Phone
Email Address
Not Recorded
Overview
EMTEC Magnetics GmbH, a German- based manufacturing subsidiary of EMTEC International Holding GmbH.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joe Ryan
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