CMC Magnetics expects Verbatim to generate revenues of NT$6 billion in 2020

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CMC Magnetics expects Verbatim to generate revenues of NT$6 billion in 2020

Aaron Lee, Taipei; Adam Hwang, DIGITIMES

Tuesday 22 October 2019

CMC Magnetics will complete the acquisition of Verbatim by the end of 2019, expecting the Japan-based storage solution provider to bring in additional revenues of NT$6 billion (US$195 million) in 2020, according to company chairman Robert Wong.

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