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Morrison & Foerster Represents Hitachi in Acquisition

02/22/2007

Morrison & Foerster's Palo Alto office represented Hitachi Data Systems in its acquisition of Archivas, Inc. The acquisition will expand Hitachi's capabilities in managing, searching, tiering, and protecting unstructured data environments. This comes at a time when the business of archiving corporate data has become a high priority as regulatory rules and other legal issues have taken hold.

The announcement of the acquisition further builds on the existing strategic global product development and distribution agreement that Hitachi made with Archivas last year. This will be Hitachi's first acquisition in the online archiving market. The financial terms of the acquisition were not disclosed.

Hitachi Data Systems leverages global R&D resources to develop storage solutions built on industry-leading technology with the performance, availability and scalability to maximize customers' ROI and minimize their risk. They are a wholly owned subsidiary of Hitachi, Ltd. Archivas is a startup company that markets software for long-term data storage.

This transaction showcased the firm's worldwide capabilities, legendary service, and subject matter expertise

The Morrison & Foerster deal team was led by corporate partner
Tim Harris.