VARINDIA IT MAGAZINE

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Following their press releases issued on May 23, 2012 and June 14, 2012, Seagate  and LaCie S.A. have announced 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. The completion of the transaction follows the required clearances from the French Ministry of Finance and the US and German Antitrust Authorities. Furthermore, 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 ...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE neoteric infomatique ltd. has rolled out an exclusive scheme, ‘LaCie Summer Bonanza’ for all LaCie Channel Partners including Partners who are doing business in small quantity. The objective of this scheme is believed to boost bulk-quantity sale and augment the sale of LaCie products which are high-end and which have a run-rate SKU.LaCie1TB/ 2TB D2 Quadra Triple interface/ Thunder bolt and Raid drives (external) are the products which come under this scheme. These pertain to an extensive product range with high performance solutions and enhanced reliability for professionals. Partners who qualify for the scheme will be rewarded with iPad/ Galaxy Note/ iPhone 3Gs/ Blackberry Bold/ Samsung Galaxy Y/ Nikon Coolpix camera depending on which slab they qualify for; the slabs comprise Bundle Purchase of run rate Series, Thunderbolt Series and RAID Series. Abhijit Ghosh, GM, neoteric Infomatique ltd., said, “LaCie, as a product-line has gain...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Seagate Technology and LaCie have announced that Seagate, Philippe Spruch, LaCie’s Chairman & CEO, and his affiliate, have entered into a binding share purchase agreement to purchase all of the shares of Philippe Spruch and his affiliate, representing 64.5% of the shares of LaCie for a provisional price of €4.05 per share. As previously announced, Ricol Lasteyrie & Associés has been appointed as an independent expert by the Board of Directors of LaCie on June 23, 2012. The transaction has already received clearance from the US Antitrust Authorities, but remains subject to regulatory approval in France and Germany (antitrust filing) and to other customary closing conditions. Following the acquisition of the control of LaCie, Seagate will file an all-cash simplified tender offer on the remaining LaCie shares at a price of €4.05 (as potentially adjusted downwards as set forth above). This price shall be increased by 3% in ...