Seagate Software

{{Short description|Historical business enterprise}}

{{Infobox company

| name = Seagate Software, Inc.

| logo = Seagate Software logo.svg

| founded = September 1995

| hq_location = United States

| key_people = Kevin Azzouz

}}

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Seagate Software, Inc., was an international software company formed when Seagate Technology merged its software assets with Arcada Software.{{Citation | author1=Lapolla, Stephanie | title=Palindrome, Arcada set to meld lines.(Seagate Technology's acquisition of Conner Peripherals will merge respective subsidiaries, Palindrome, Arcada Software) (Company Business and Marketing) | journal=PC Week | date=1995-11-20 | publisher=Ziff Davis Enterprise | volume=v12 | issue=n46 | pages=1(105) | issn=0740-1604}}{{cite news |title=Seagate Acquires Arcada Stake |url=https://www.nytimes.com/1996/02/20/business/seagate-acquires-arcada-stake.html |accessdate=August 7, 2020 |agency=Bloomberg Business News |work=New York Times |date=February 20, 1996}} Kevin Azzouz, Arcada CEO was elected by the Seagate board as president.{{cite news |last1=Leon |first1=Mark |title=Seagate vies for more of LAN market |url=https://books.google.com/books?id=wj4EAAAAMBAJ&q=arcada+ceo+kevin+seagate&pg=PA43 |accessdate=August 7, 2020 |publisher=InfoWorld |date=February 26, 1996}}

Seagate Software sold its Network and storage Management group division to Veritas Software in 1999 in a deal worth $1.6 billion,[https://www.nytimes.com/1998/10/06/business/veritas-software-to-acquire-seagate-unit-in-stock-swap.html Veritas Software to Acquire Seagate Unit in Stock Swap], By LAWRENCE M. FISHER, Published: October 6, 1998, NYTimes.com whilst retaining the Information Management Group, which was later rebranded as Crystal Decisions. On March 29, 2000, Seagate announced the sale of all its remaining Veritas Software shares to Veritas Software.{{cite web |title=Seagate, VERITAS Software and Investor Group Led by Silver Lake Partners Announce Landmark $20 Billion Transaction |url=https://www.seagate.com/gb/en/news/news-archive/Seagate,%2BVERITAS%2BSoftware%2Band%2BInvestor%2BGroup%2BLed%2Bby%2BSilver%2BLake%2BPartners%2BAnnounce%2BLandmark%2B$20%2BBillion%2BTransaction/ |publisher=Seagate |accessdate=August 7, 2020}} The finalisation of the deal was announced on November 22, 2000.{{cite web |title=VERITAS Software and Seagate Technology Announce Completion of Multi-Company Transaction |url=https://www.seagate.com/gb/en/news/news-archive/VERITAS%2BSoftware%2Band%2BSeagate%2BTechnology%2BAnnounce%2BCompletion%2Bof%2BMulti-Company%2BTransaction/ |publisher=Seagate |accessdate=August 7, 2020}}

See also

References