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ADIC

   Also found in: Acronyms, Wikipedia 0.02 sec.
ADIC
(1) (Advanced Digital Information Corporation, Redmond, WA, www.adic.com) A leading manufacturer of automated tape libraries and storage management products that was acquired in 2006 by Quantum Corporation, a global leader of storage products. More than 60,000 ADIC automated libraries have been installed worldwide.

(2) See AIDC.


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Dubai: A Adic Mena Partners, a private equity fund managed by Abu Dhabi Investment Company (Adic), said it has acquired a majority stake in the Al Zarouni family's Unitra METS Group, a Dubai-based speciality beverage distributor, in a leveraged buy-out transaction.
gif ) ADIC Mena Partners said it has acquired a majority stake in Al Zarooni Family's Unitra METS Group, a Dubai-based specialty beverage distributor, in a leveraged buy-out transaction.
Summary: ADIC MENA Partners, LP, a private equity fund managed by Abu Dhabi Investment Company (ADIC), announced the acquisition in a leveraged buy-out transaction of a majority stake in Al Zarooni Family's Unitra METS Group, a specialty beverage distributor, headquartered in Dubai -- UAE, with 2008 revenues expected to be in excess of AED 600 million.
 
 
 
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