On Air Now

Listen

Listen Live Now » 101.9 FM Central Wisconsin

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
68° Feels Like: 68°
Wind: W 12 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Scattered Thunderstorms 61°

Tomorrow

Isolated Thunderstorms 71°

Sun Night

Scattered Thunderstorms 52°

Alerts

Imation buys storage systems provider Nexsan for $120 million

(Reuters) - Storage and data security company Imation Corp bought Nexsan Corp, a privately held provider of disk-based storage systems, for about $120 million in cash and stock.

Imation will pay $105 million in cash and $15 million in stock, the company said in a statement.

Shares of Imation closed at $4.67 on the New York Stock Exchange on Monday.

(Reporting by Supantha Mukherjee in Bangalore; Editing by Joyjeet Das)

Comments