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ORBiT Software to sell
itself to German firm


ORBiT Software has reportedly signed a letter of intent to sell itself to SER, a German company that offers document management solutions. Sources familiar with the company say the sale of the privately-held supplier of HP 3000 backup and datacenter management solutions will give SER a established point in the HP 3000 marketplace. No ORBiT solutions for HP 3000 will be discontinued as part of the sale, which is expected to be approved this month.

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