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Business/Financial

Boeing’s HorizonX Invests In Rugged Computer Storage Firm Agylstor

By Cal Biesecker

Wednesday, May 30th, 2018

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Boeing [BA] on Wednesday said its venture arm HorizonX has made an investment in Agylstor, Inc., which is developing ruggedized, secure computer storage systems that are portable, provide high-performance computing and have high-data transfer speeds.California-based Agylstor’s technology is for industrial, aerospace and commercial uses.Boeing doesn’t disclose the value of HorizonX’ investments, which range between the low single millions of dollars to the low double-digit millions of dollars. This is HorizonX’ first investment in computational storage technology.A spokeswoman for Boeing told…

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