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Samsung - Acquiring The Privately Held Storage Software Vendor NVELO, Inc.,

Time: Dec, 2012

Place: Santa Clara, California, U.S.

Details: In December 2012, Samsung announced that it had acquired the privately held storage software vendor NVELO, Inc., based in Santa Clara, California. NVELO will become part of Samsung's R&D operations, and will focus on software for intelligently managing and optimizing next-generation Samsung SSD storage subsystems for consumer and enterprise computing platforms.

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