Wednesday, May 23, 2012

Seagate Buys Data Storage Company LaCie For $186 Million

Seagate has bought French high-quality digital storage company LaCie for a reported $186 million. LaCie CEO Philippe Spruch will become head of Seagate’s consumer storage products division. LaCie makes Mac-friendly peripherals, and Seagate has been a long-time titan in the data storage business.

In an official statement from Seagate given to Forbes:

“The transaction would combine two highly complementary product and technology portfolios, adding LaCie’s line of premium branded consumer storage solutions, network-attached storage solutions and software offerings to Seagate’s array of mainstream consumer storage products,” Seagate said in a statement. “The combination would accelerate Seagate’s growth strategy in the expanding consumer storage market, particularly in Europe and Japan, and add strong engineering and software development capabilities, as well as relationships with several key retailers.”

LaCie makes some of the only Thunderbolt-enabled hard drives out there, and the company’s design sense is top notch. Nice acquisition, Seagate!

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