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Axeda Corporation
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Overview

Axeda Systems Inc. (NASDAQ: XEDA) is the leading provider of device relationship management (DRM) enterprise software and services. Axeda helps businesses become more competitive by using the Internet to extract real-time information hidden in their intelligent devices.

Axeda targets clients in the medical instruments, industrial automation, technology, and office equipment industries. The company was created in 2005 when ITA Holding sold its DRM division and related assets to JMI Equity for $7 million.

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