Seagate Technology completed the indirect acquisition of privately held EVault, Inc. in a cash transaction on January 26, 2007 valued at approximately US$185 million.
The Seagate Technology group of companies designs, manufactures and markets hard disk drives, providing products for a wide range of enterprise, desktop, mobile computing and consumer electronics applications.
Seagate Technology and other affiliated entities were represented by Heller Ehrman LLP in the United States and Stikeman Elliott LLP in Canada. The Heller Ehrman team included Steven Tonsfeldt and Kristen Kercher (M&A); Inna Efimchik, Josh Sugent and Saxon Peters (corporate); Mark Windfeld-Hansen and Laura McDaniels (tax); and Garth Gartrell (employee benefits).The Stikeman Elliott team included John Leopold, Nicolas Beugnot, Sarah Landry-Maltais and Andrea Cleven (corporate); Eveline Poirier (employment); Michel Legendre (employee benefits), and Christian Meighen (tax).
EVault Inc. was represented by Latham & Watkins LLP in the United States with a team that included Tad Freese, Linda Lorenat, Josh Holian and Sean Edgett. Latham & Watkins was assisted in Canada by Sandra Appel, George Corn, Michael Richards and Lucie Kroumova of Davis & Company LLP.