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History (1997): MKE Majority Holder in MR Heads Joint Venture With Quantum

Bringing $200 million in cash, $90 million for Quantum, $110 million for new venture

Matsushita-Kotobuki Electronics (Kagawa, Japan) will be the major holder in a new, as yet unnamed joint venture it is forming with Quantum to design, develop and manufacture recording heads for HSSs.
"MKE will hold 51% and Quantum 49%," said Jean-Ch...

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