Plasmon Plc., the British parent of Minneapolis-based Plasmon IDE, has purchased Philips LMS, a maker of tape and optical drives and optical media, for an undisclosed sum. The new division, to be known as Plasmon LMS, is expected to help the combined companies generate more than $100 million in 1999 revenues.
ATL Products announced last month that SKYDATA Corp. will distribute its PowerStor tape libraries throughout Canada. The PowerStor libraries will also be integrated into SKYDATA?s own DLTtape product line. Additional warranty programs will be included as well. ATL also inked a deal with Wyle Systems to distribute the PowerStor series throughout the U.S.