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April 26, 2010

EMC, IBM Extend Tech License Agreement

Hopkinton data storage firm EMC Corp. said it has extended a technology licensing agreement with computer equipment giant IBM.

The agreement extends for five years a contract the companies signed in 2006. The agreement allows customers to continue to operate combinations of EMC storage and IBM power systems technologies, EMC said in a statement.

EMC and IBM are involved in a series of agreements, EMC said.

Financial terms of the agreement were not disclosed.

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