Today, Seagate Technology and LaCie announced the signing of an exclusive agreement : the acquisition of LaCie by Seagate controlling .
LaCie focuses on external storage devices, arrays, RAID, optical drives.
Chairman of Board and CEO of LaCie Philippe Spruch (Philippe Spruch) and his partner, Seagate offered to acquire all shares in their possession. This is a 64.5% stake LaCie, in circulation. The deal should go through the usual procedure in such cases, the approval of regulatory .After the completion of transaction, Seagate is going to buy from their owners the remaining shares of the company.
Mr. Spruch and his partner get for their shares 146 million euros. This price is determined based on the margin of 29% to the average share price of LaCie for 30 trading days preceding the signing of an agreement on 22 May.
Mr. Spruch plans to become the head of Seagate organ , specializing in consumer storage devices.