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Plasmon is to raise £6m in a share placing to fund the development of its data storage systems business. 02-Mar-2006 Plasmon, the developer of data storage systems, is to raise £12m in a share placing. 23-May-2005 Plasmon is to acquire Raidtec, the Irish data storage company, for £3.4m. 19-Apr-2004 Plasmon is raising £10m in a share placing to fund the development of ultra density optical drives. 25-Jun-2001 Plasmon is acquiring Cygnet Storage Solutions of the US for £2.3m, in order to expand its storage disk range. 15-Jul-1999 Plasmon is to close the Blackburn laser discs factory it recently bought from Philips with the loss of 40 jobs, and production will be transferred to a site near Cambridge. 29-Jan-1999 Plasmon, the data storage company, is acquiring Philips LMS from Royal Philips Electronics for up to £16m. 09-Dec-1998 Plasmon is to withdraw from the production of recordable CDs by closing its factory near Cambridge, due to rapidly falling market prices. 02-Sep-1997 Plasmon, the maker of optical data storage systems, is planning a flotation which is expected to value the company at about £32m. 18-Jul-1996
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