By AP
Thursday, June 10, 2010

Softheon in partnership with Falconstor

HAUPPAUGE, N.Y. — Healthcare software maker Softheon Inc. said Thursday that it has formed a strategic partnership with Falconstor Software, a company that provides data storage and protection products.

Softheon, a privately held company, said the deal will allow it to offer Falconstor data protection and archiving for customers of its Internet-based software.

Financial terms were not disclosed.

Falconstor Software Inc. shares rose 4 cents, or 1.3 percent, to $2.89 in midday trading.

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