Sumitomo Corporation has taken an equity stake in GreenTek Solutions, a Texas-based IT asset disposition firm, becoming an equity-method affiliate as it enters the U.S. ITAD market amid AI-driven data center hardware turnover.
Summary: M&A: Sumitomo Takes Equity Stake in U.S. ITAD Firm GreenTek, Betting on AI-Driven Hardware Disposal
Sumitomo Corporation has taken an equity stake in GreenTek Solutions, a Texas-based IT asset disposition (ITAD) firm, making GreenTek an equity-method affiliate as Sumitomo enters the U.S. market for enterprise IT hardware reuse and recycling. The investment positions...
Summary: Corporate Strategy: Blancco Bets on the Drive, Not the Device, as It Chases a Recover-First IT Market
Blancco executive Tzvika Shahaf outlines a three-pillar strategy — data-bearing drives, data center decommissioning, and mobile devices — built around the physical storage drive rather than device category. Key points: Connected IT asset installed base approaching 22...
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