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Samsung Acquires U.S. Software Firm NVELO
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Samsung Electronics Co. said it has taken over NVELO Inc., a U.S. storage software company based in California.

NVELO's flagship product Dataplex will help alleviate information congestion caused by data storage devices like solid-state drive (SSD) when it exchanges data with a central processing unit (CPU), the company said.

"The acquisition will upgrade Samsung's capacity to provide storage solutions related to SSD to clients," Samsung Electronics said.

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Source: Yonhap News (Dec. 17, 2012)

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