Quantum Corporation under the microscope

Personal Data Protection Regulator Yioula Frangou has sent a letter to Quantum Corporation, requesting further information regarding the acquisition by Quantum of the client database of its subsidiary Glory Betting. Quantum, which failed to inform the Data Protection Watchdog of its plans, has this week announced the completion on August 30 of the acquisition of a database including the names of all the active Internet betting clients of Glory Betting. The value of the deal was £6,807,000, a cost Quantum hopes to recover within three years as the number of its clients rises thanks to access to client information provided by the database.

In statements to Phileleftheros, Mrs. Frangou said Quantum failed to inform the watchdog of the agreement, which she says could be because the company was not aware of this obligation. She said she hoped to hear from the company after sending them a letter.

In its announcement of the database acquisition, Quantum Corporation said: "In the competitive Internet Betting business, the ability to have access to clients with active accounts is a serious strategic advantage as it enables companies to obtain access to these clients and reduces the cost of finding new customers."

Translated from Phileleftheros