Polaroid bought Data Encore from Verbatim.
The Cambridge, Mass.-based photography giant said it acquired “for less than $1 million” the major portion of Sunnyvale, Calif.-based Verbatim Corp.’s Data Encore division. The division copies software onto floppy disks in a way that makes it difficult for software “pirates” to re-copy the material. Verbatim, a floppy disk maker, said the sale of Data Encore, which accounted for less than 5% of its sales and none of its profits, was approved by Eastman Kodak, which is acquiring Verbatim for $175 million.
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