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Technology / AI and automation

M-SYSTEMS AND MAXTOR END AGREEMENT

M-Systems Flash Disk Pioneers Ltd of San Jose, California, said it and Maxtor Corp have agreed to terminate the license and distribution agreement between them, effective immediately. The agreement, originally entered into in June 1994 and amended in January 1995 granted Maxtor distribution rights, primarily with respect to M-Systems’ PCMCIA-compatible Flash memory cards. M- Systems said Maxtor has decided to concentrate on its core disk businesses, and has transferred all of its relevant customer lists and its backlog to M-Systems.

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CBR Staff Writer

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