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Following their press releases issued on May 23, 2012 and June 14, 2012, Seagate Technology plc and LaCie S.A. announced today the completion of the purchase by Seagate of all of the shares of Philippe Spruch and his affiliate, representing 64.5% of the outstanding shares of LaCie for a provisional price of €4.05 per share. The price payable to Philippe Spruch and his affiliate may be increased by 3%, to €4.17 per share, in the event that within six months following today's date, Seagate holds at least 95% of the share capital and voting rights of LaCie.
The completion of the transaction follows the required clearances from the French Ministry of Finance and the US and German Antitrust Authorities.
As a result of the completion of the transaction, Seagate intends to file in the coming weeks with the French Autorité des marches financiers an all-cash simplified tender offer on the remaining LaCie shares.
As previously announced, Ricol Lasteyrie & Associés has been appointed as independent expert by the Board of Directors of LaCie on May 23, 2012.
Following discussions with the Board of Directors of LaCie, in particular with the independent members, Seagate has increased the proposed offer price at which it will file its tender offer to €4.50 per LaCie share (without an additional 3% price supplement in the event that a squeeze-out procedure is implemented). Seagate may carry out a squeeze-out procedure at the same price of €4.50 per LaCie share if it were to hold at least 95% of the shares and voting rights of LaCie.
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Thermaltake, being the industry pioneer brand with expertise in PC chassis, power supply and thermal solution, introduces the Muse 5G series, the next-generation external hard drive enclosure for authors, scientists and artists in the 21st century to unite their power and soul by collecting and protecting all precious inspiration.
Thermaltake Muse is named after the 9 goddesses of Greek mythology, poetry and literature. The goddesses are considered the source of knowledge that became the representatives of poetry, the arts and science, and sources of inspiration. Thermaltake, carring the corporate mission of "delivering the perfect user experience",has insight into the importance and the power of knowledge, thus specially developed the Muse 5G series in a high quality aluminum housing to provide a better heat dissipation as well as an elegant look like the goddesses we all have imagined.
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Western Digital, a storage industry leader, today announced the debut of WD Red NAS hard drives, an innovative line of SATA hard drives specifically designed for home and small office NAS (network attached storage) systems with one to five drive bays. Compatibility-tested with top NAS box manufacturers and optimized for power and performance, WD Red hard drives are now shipping in 3.5-inch 1 TB, 2 TB and 3 TB capacities.
The WD Red line features NASware technology, designed to improve reliability and system performance, reduce customer downtime and to simplify the integration process. This new product line addresses the unique environment of NAS and the growing demand for affordable, reliable and compatible storage that reduces customer total cost of ownership. WD Red hard drives also feature 3D Active Balance Plus, an enhanced balance control technology, which significantly improves the overall drive performance and reliability. In an exclusive for WD Red customers, WD is offering free premium 24x7 dedicated support and a three-year limited warranty.
The addition of WD Red expands WD's "Power of Choice" client hard drive solutions. WD recognizes that customers and their applications are diverse and they should be empowered to choose the drives that best suit their specific storage needs. With distinguishable colors, the "Power of Choice" storage solutions are clear and easy to identify: WD Blue (solid performance and reliability for everyday computing), WD Green (cool, quiet, eco-friendly), WD Black (maximum performance for power computing) and WD Red (home and small office NAS). The four colors enable quick selection of the best WD drive for customers' application or usage requirements.
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Toshiba’s Storage Products Business Unit, a division of Toshiba America Electronic Components, Inc., and a committed technology leader, today announced the AL13SE series of 2.5-inch 6Gb/s SAS interface hard disk drives (HDDs), which offer enterprise-class performance in capacities ranging from 900GB to 300GB.
The AL13SE is the first 10,000 RPM class model enterprise drive from Toshiba to achieve 900GB capacity and is also the first of Toshiba’s 10,000 RPM drives to employ a dual-stage head positioning actuator that provides additional performance gains, including a 32% increase in sustained transfer rate.
Designed for even the most demanding mission-critical applications, the AL13SE series features an operating reliability rating of 2,000,000 power-on hours, a 25% increase over prior-generation drives. System compatibility is also assured through usage of the industry-standard 512 byte sector size.
In keeping with Toshiba’s leadership in power efficiency design, the AL13SE Series uses Supported Enhanced Power Condition State technology to lower RPM idle speed.
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Verbatim is unveiling the first Store ‘n’ Go Universal Storage Module (USM) Portable Hard Drive, a completely flexible and upgradable storage solution. The new Store ‘n’ Go USM can be connected using a choice of interface cables such as USB 3.0, FireWire or Thunderbolt™ or directly using the SATA interface. The new USM Hard Drive comes with a complementary USB 3.0 USM cable and is available now in retail stores.
Verbatim‘s Store ‘n’ Go USM Portable Hard Drive provides the user with the maximum flexibility. When used as PC HDD storage, the USM can be connected in the same way as any standard external USB hard disk drive by using the included USB 3.0 cable. The optionally available FireWire800, eSATA and Thunderbolt™ cables provide the user with the possibility to choose between various other computer interfaces.
