Seagate Technology Holdings plc·Technology
Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. The company also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, and Expansion product lines, as well as under the LaCie brand name; desktop drives; notebook drives, DVR HDDs, and gaming SSDs. In addition, it provides Lyve edge-to-cloud mass capacity platform. The company sells its products primarily to OEMs, distributors, and retailers. Seagate Technology Holdings plc was founded in 1978 and is based in Dublin, Ireland.
Technology
Computer Hardware
30,000
2002-12-11
1.63

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BOSTON--(BUSINESS WIRE)--Wasabi Technologies, the hot cloud storage company, today announced it has acquired the Lyve Cloud business from Seagate Technology (NASDAQ: STX), a leading innovator of mass-capacity data storage. Under the terms of the agreement, Seagate received equity in Wasabi and became a shareholder of the company. Additional financial terms were not disclosed. “This acquisition strengthens our position as the world's leading pure-play cloud storage vendor,” said David Friend, co.

BOSTON--(BUSINESS WIRE)--Wasabi Technologies, the hot cloud storage company, today announced it will acquire the Lyve Cloud business from Seagate Technology LLC (NASDAQ: STX), a leading innovator of mass-capacity data storage. Under the terms of the agreement, Seagate will receive equity in Wasabi and become a shareholder of the company. Additional financial terms were not disclosed. “This acquisition strengthens our position as the world's leading pure-play cloud storage vendor,” said David Fr.

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