Seagate Technology (NASDAQ: STX), a world leader in storage solutions,
announced today that it is combining its Cloud Systems and Solutions
group and Electronic Solutions group to further align the company’s full
breadth of enterprise storage hardware capabilities.
“Over the last year we have acquired a unique set of capabilities in
storage systems, high performance computing and flash memory PCIe to
expand our market leading enterprise storage technology portfolio,” said
Steve Luczo, Seagate’s chairman and chief executive officer. “We believe
this is a valid and timely strategy as evidenced by the demand we are
seeing across our OEM and Cloud customers for storage technology
solutions that are highly tuned for next generation workloads and
deliver new levels of performance, scale, reliability, flexibility and
reduced total cost of ownership.”
“By bringing together our cloud systems and solutions and electronic
solutions organizations we will be able to better align our full breadth
of hardware expertise and enterprise storage capabilities,” continued
Luczo. “We will provide our customers with solutions that offer an
increasingly differentiated value proposition in the marketplace.”
Executive Vice President Phil Brace, who currently leads the Electronic
Solutions Business Group, will leverage his deep background in storage
hardware and solutions to lead the new combined organization as interim
president, reporting to Luczo. Jamie Lerner, who has served as president
of the Cloud Systems and Solutions Business Group, will be stepping down
and transitioning over the next few months.
“I would like to thank Jamie for his outstanding efforts and many
contributions in building the Cloud Systems and Solutions team and
helping extend Seagate’s market reach,” concluded Luczo.
About Seagate
Seagate creates space for the human experience by innovating how data is
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