Evault offers online data backups..
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EVault has signed an agreement to be acquired by a subsidiary of Seagate Technology (?Seagate?). We anticipate that the acquisition will be completed in February 2007.
Seagate is a global company with sales approaching $10 billion. The company is publicly traded on the NYSE and has a market capitalization value of $15.4 billion. Seagate is known for having the greatest market share of hard disc drives that are used throughout the world. These discs are used in computers, data storage vaults (like ours), electronic games, MP3s, iPods, cameras and anything else that requires a disc to store data. Seagate is a technology, revenue and market share leader, and truly is a great company.
In a strategic move, Seagate is launching a new services line of business that will feature data protection and storage services. We are both pleased and honored that Seagate selected EVault to be the cornerstone for this new initiative.
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EVault has signed an agreement to be acquired by a subsidiary of Seagate Technology (?Seagate?). We anticipate that the acquisition will be completed in February 2007.
Seagate is a global company with sales approaching $10 billion. The company is publicly traded on the NYSE and has a market capitalization value of $15.4 billion. Seagate is known for having the greatest market share of hard disc drives that are used throughout the world. These discs are used in computers, data storage vaults (like ours), electronic games, MP3s, iPods, cameras and anything else that requires a disc to store data. Seagate is a technology, revenue and market share leader, and truly is a great company.
In a strategic move, Seagate is launching a new services line of business that will feature data protection and storage services. We are both pleased and honored that Seagate selected EVault to be the cornerstone for this new initiative.
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