Quantum announces new strategic investor dialectic purchases $51 million of outstanding debt

San jose, calif.--(business wire)--quantum corporation (nasdaq: qmco) ("quantum" or the "company"), a leader in solutions for ai and unstructured data, today announced several strategic developments to provide financial and operational flexibility, facilitate growth initiatives, and better serve the evolving data needs of today's ai-driven organizations. dialectic capital management, an investment management firm, has purchased all of quantum's $51 million of outstanding term debt previously he.
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