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OWC acquires PowerLogix product designs

PowerLogix this week announced that Other World Computing (OWC) has secured the exclusive rights to all PowerLogix proprietary hardware designs and software code, as well as copyrights, logos, brand names, and Web domains. The agreement, structured as a third party asset purchase and a license to OWC, was negotiated among PowerLogix, OWC, and PowerLogix’s secured banking partner. Terms of the deal were not disclosed.

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