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Symantec Buys Online Backup Service SwapDrive For $123 Million
11.06.08

Online storage is back. Last September, EMC bought online storage startup Mozy for $76 million. Last week, Symantec signed a deal brewing since February to buy SwapDrive. A source close to the company says that Symantec paid $123 million.
More about: online storage services, SwapDrive, Online Backup Services
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