Thursday, December 13, 2007

Wall Street Journal,Dec.13, 2007 pageB4

Iomega seeks Chinese foohold with Excelstor deal: An ambitious move into China while yielding substantial control to a firm owned by the Chinese government. The San Diego-based firm, known for removable devices that help computer users back up their data, said it agreed to buy Exclstor Great Wall Technology and Shenzhen Excelstor Technology in a stock swap valued at about $317 million. Here is another empirical evidence of Sino-American Economics. Dec.13, 2007

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