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History (1999): Quantum Into Network Drives With Meridian Data

Acquired in stock transaction valued at around $85 million

Quantum has acquired Meridian Data in a stock transaction valued at around $85 million.
Meridian attained sales of $17.5 million in 1998, down 12% compared to 1997, for a $13.2 million loss.
Nor is it a particularly young company, around since 1988...

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Cohesity