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KÜRT spends HUF 500 mln on cloud computing development

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Hungarian data recovery and security company KURT has wound up a two-year HUF 500 million project to develop services for businesses that use cloud computing, company officials said at a press conference on Wednesday. KURT will launch the services in Q1 2013, said research development manager Zsolt Nagy. KURT won a HUF 300 million European Union grant for the project.

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