IOMEGA ACQUIRES FRENCH RIVAL.

Computer data storage maker Iomega Corp. said it will buy out rival Nomai SA of France for about USD44 million, eliminating a potential threat to Iomega's profitable computer disk business. Nomai makes a line of high-capacity computer storage disks that rival Iomega's two main products but will discontinue sales of such disks in the wake of the deal, removing a major threat to Iomega's highest-profit margin business. For nearly a year, Iomega fought a pitched battle in courtrooms across Europe and the United States, accusing Nomai of infringing Iomega patents. As part of the takeover, Nomai...