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sTec is an American
computer data storage Computer data storage is a technology consisting of computer components and Data storage, recording media that are used to retain digital data (computing), data. It is a core function and fundamental component of computers. The central pro ...
technology company headquartered in
California California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territori ...
,Bloomberg BusinessWeek.
STEC Profile
” September 20, 2010.
with research and development, sales, support or manufacturing sites in
China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
,
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
,
Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...
,
Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...
,
Silicon Valley Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County ...
(USA), and
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...
. sTec, formerly Simple Technology then SimpleTech, was founded by Manouch Moshayedi and Mark Moshayedi in 1990. The company designs, develops and manufactures
solid-state drive A solid-state drive (SSD) is a solid-state storage device that uses integrated circuit assemblies to store data persistently, typically using flash memory, and functioning as secondary storage in the hierarchy of computer storage. It is ...
s (SSDs) based on
flash memory Flash memory is an electronic non-volatile computer memory storage medium that can be electrically erased and reprogrammed. The two main types of flash memory, NOR flash and NAND flash, are named for the NOR and NAND logic gates. Both us ...
and dynamic random access memory (DRAM), providing them to
data center A data center (American English) or data centre (British English)See spelling differences. is a building, a dedicated space within a building, or a group of buildings used to house computer systems and associated components, such as telecommunic ...
environments and
original equipment manufacturer An original equipment manufacturer (OEM) is generally perceived as a company that produces non-aftermarket parts and equipment that may be marketed by another manufacturer. It is a common industry term recognized and used by many professional or ...
(OEM) customers.By Beth Pariseau, SearchStorage.
STEC Inc. CTO looks at the future of flash and solid-state drives
” August 17, 2009.
Customers include
Dell Dell is an American based technology company. It develops, sells, repairs, and supports computers and related products and services. Dell is owned by its parent company, Dell Technologies. Dell sells personal computers (PCs), servers, data ...
, EMC,
Fujitsu is a Japanese multinational information and communications technology equipment and services corporation, established in 1935 and headquartered in Tokyo. Fujitsu is the world's sixth-largest IT services provider by annual revenue, and the la ...
, HP, and IBM.By Paul Shread, Enterprise Storage Forum.
STEC Has EMC to Thank for Its Rapid Growth
” August 4, 2009.
sTec also has distributors, resellers and system integrators. sTec was acquired by
HGST HGST, Inc. (Hitachi Global Storage Technologies) was a manufacturer of hard disk drives, solid-state drives, and external storage products and services. It was initially a subsidiary of Hitachi, formed through its acquisition of IBM's disk d ...
, a
Western Digital Western Digital Corporation (WDC, commonly known as Western Digital or WD) is an American computer drive manufacturer and data storage company, headquartered in San Jose, California. It designs, manufactures and sells data technology produc ...
company. Western Digital completed the acquisition of sTec on September 12, 2013.


History


Simple Technology

In 1990, Simple Technology was founded by two brothers from
Iran Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...
: Manouch Moshayedi and Mike Moshayedi. Using $100,000 of their own savings the brothers created a company that designed and sold computer memory modules. Three years later, Mark Moshayedi (at 38) joined the company as chief operating and technical officer.Chris Mellor, June 17, 2008.
There's a lot of sizzle with this STEC
” The Register. Retrieved on December 17, 2008.
They are of Iranian (Persian) descent. Mark is related to them. From 1990 to 2007, the company designed and manufactured
flash Flash, flashes, or FLASH may refer to: Arts, entertainment, and media Fictional aliases * Flash (DC Comics character), several DC Comics superheroes with super speed: ** Flash (Barry Allen) ** Flash (Jay Garrick) ** Wally West, the first Kid ...
solid-state drive A solid-state drive (SSD) is a solid-state storage device that uses integrated circuit assemblies to store data persistently, typically using flash memory, and functioning as secondary storage in the hierarchy of computer storage. It is ...
s,
dynamic random-access memory Dynamic random-access memory (dynamic RAM or DRAM) is a type of random-access semiconductor memory that stores each bit of data in a memory cell, usually consisting of a tiny capacitor and a transistor, both typically based on metal-oxide ...
(DRAM), and
static random-access memory Static random-access memory (static RAM or SRAM) is a type of random-access memory (RAM) that uses latching circuitry (flip-flop) to store each bit. SRAM is volatile memory; data is lost when power is removed. The term ''static'' differen ...
(SRAM).. In 1994, Simple Technology bought
Cirrus Logic Cirrus Logic Inc. is an American fabless semiconductor supplier that specializes in analog, mixed-signal, and audio DSP integrated circuits (ICs). Since 1998, the company's headquarters have been in Austin, Texas. The company's audio processo ...
’s flash controller operation, to enter the
flash memory Flash memory is an electronic non-volatile computer memory storage medium that can be electrically erased and reprogrammed. The two main types of flash memory, NOR flash and NAND flash, are named for the NOR and NAND logic gates. Both us ...
business for consumer electronic devices. In 1998, Simple Technology bought SiliconTech Inc., obtaining that company's business flash memory customer base and operation. In 1999, sTec was first to market the 1 GB solid-state IDE storage devices,
SDRAM Synchronous dynamic random-access memory (synchronous dynamic RAM or SDRAM) is any DRAM where the operation of its external pin interface is coordinated by an externally supplied clock signal. DRAM integrated circuits (ICs) produced from the ...
modules and also 320 MB Type II
CompactFlash CompactFlash (CF) is a flash memory mass storage device used mainly in portable electronic devices. The format was specified and the devices were first manufactured by SanDisk in 1994. CompactFlash became one of the most successful of the e ...
. Simple Technology became a publicly traded company on the
NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
stock exchange on September 26, 2000, under the ticker symbol of STEC.


SimpleTech

The company shortened its name to SimpleTech in 2001. The SimpleShare consumer
network attached storage Network-attached storage (NAS) is a file-level (as opposed to block-level storage) computer data storage server connected to a computer network providing data access to a heterogeneous group of clients. The term "NAS" can refer to both the techn ...
device was announced in November 2004. In 2006, SimpleTech announced its first portable external hard drive designed by Pininfarina. In early 2007, the company sold the SimpleTech consumer division to Fabrik Inc. (a company funded and founded by Keyur Patel, Anaal Udaybabu along with Mike Cordano) for $43 million in cash. Fabrik continued to develop and market products under the SimpleTech brand including the Joggle.com
website A website (also written as a web site) is a collection of web pages and related content that is identified by a common domain name and published on at least one web server. Examples of notable websites are Google Search, Google, Facebook, Amaz ...
and the environmentally friendly erive introduced in 2008. Fabrik was acquired by
Hitachi () is a Japanese multinational corporation, multinational Conglomerate (company), conglomerate corporation headquartered in Chiyoda, Tokyo, Japan. It is the parent company of the Hitachi Group (''Hitachi Gurūpu'') and had formed part of the Ni ...
in 2009 for an estimated $950 million.


sTec

Following the 2007 sale, the remaining OEM business then operated as sTec, Inc. and was publicly traded on
NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
until being acquired in 2013. The company then focused on business-flash memory products. At that point Mike Moshayedi resigned from sTec, Mark Moshayedi became president and chief operating officer and Manouch Moshayedi became CEO. In March 2007, Mark Moshayedi was promoted to president. This same year, sTec became the industry's first supplier to deploy enterprise-class SSDs to OEMs. In 2009, after announcing
EMC Corporation Dell EMC (EMC Corporation until 2016) is an American multinational corporation headquartered in Hopkinton, Massachusetts and Round Rock, Texas, United States. Dell EMC sells data storage, information security, virtualization, analytics, cloud ...
as the sole customer of its ZeusIOPS enterprise SSDs, sTec sales reached the $1 billion market capitalization. In April 2011, sTec announced it acquired the assets of Knowledge Quest Infotech Private Limited in
Pune Pune (; ; also known as Poona, (List of renamed Indian cities and states#Maharashtra, the official name from 1818 until 1978) is one of the most important industrial and educational hubs of India, with an estimated population of 7.4 million ...
,
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
. In September 2012, Mark Moshayedi was named sTec chief executive officer. On June 24, 2013,
Western Digital Western Digital Corporation (WDC, commonly known as Western Digital or WD) is an American computer drive manufacturer and data storage company, headquartered in San Jose, California. It designs, manufactures and sells data technology produc ...
corporation announced sTec would become part of its HGST subsidiary, with a purchase price estimated at $340 million.


Products

SimpleTech is a consumer brand of external
hard drive A hard disk drive (HDD), hard disk, hard drive, or fixed disk is an electro-mechanical data storage device that stores and retrieves digital data using magnetic storage with one or more rigid rapidly rotating platters coated with magnet ...
s and
backup In information technology, a backup, or data backup is a copy of computer data taken and stored elsewhere so that it may be used to restore the original after a data loss event. The verb form, referring to the process of doing so, is "back up", w ...
products owned by Fabrik Inc. and designed to integrate
computer hardware Computer hardware includes the physical parts of a computer, such as the computer case, case, central processing unit (CPU), Random-access memory, random access memory (RAM), Computer monitor, monitor, Computer mouse, mouse, Computer keyboard, ...
,
software Software is a set of computer programs and associated documentation and data. This is in contrast to hardware, from which the system is built and which actually performs the work. At the lowest programming level, executable code consists ...
, and
online services An online service provider (OSP) can, for example, be an Internet service provider, an email provider, a news provider (press), an entertainment provider (music, movies), a search engine, an e-commerce site, an online banking site, a health site, ...
to help consumers store, protect, manage, and share digital content. The brand and product line was originally created by Simple Technology, a company founded in 1990, which later changed its name to SimpleTech in 2001. The SimpleTech brand and consumer products included
flash memory Flash memory is an electronic non-volatile computer memory storage medium that can be electrically erased and reprogrammed. The two main types of flash memory, NOR flash and NAND flash, are named for the NOR and NAND logic gates. Both us ...
cards,
USB flash drives A USB flash drive (also called a thumb drive) is a data storage device that includes flash memory with an integrated USB interface. It is typically removable, rewritable and much smaller than an optical disc. Most weigh less than . Since first ...
, memory upgrades, and external and portable disk drive storage, to Fabrik in February 2007. Fabrik acquired the SimpleTech's storage platform to integrate and deliver backup and
content management Content management (CM) is a set of processes and technologies that supports the collection, managing, and publishing of information in any form or medium. When stored and accessed via computers, this information may be more specifically referre ...
software and web services (FabrikUltimateBackup.com and Joggle.com), allowing consumers to store, access, manage and share their digital content. The SimpleTech product line includes the Signature Mini USB Portable Drives, the Pro Drive family, and the environmentally friendly SimpleTech erive.SimpleTech Website
The original design of the SimpleTech portable external storage product line was inspired by the
Ferrari Ferrari S.p.A. (; ) is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari (1898–1988) in 1939 from the Alfa Romeo racing division as ''Auto Avio Costruzioni'', the company built its first car in ...
design team
Pininfarina Pininfarina S.p.A. (short for Carrozzeria Pininfarina) is an Italian car design firm and coachbuilder, with headquarters in Cambiano, Turin, Italy. The company was founded by Battista "Pinin" Farina in 1930. On 14 December 2015, the Indian mu ...
.Press Release, February 12, 2007.
Fabrik Acquires SimpleTech’s Consumer Business
”. Retrieved on December 17, 2008.
Unknown author, August 12, 2008.
Deal Radar 2008: Fabrik
” sramana mitra. Retrieved on October 21, 2008. Retrieved on December 17, 2008.
Ryan Block, April 9, 2008.
SimpleTech SimpleDrive: up to 1TB, Pininfarina design
” Enamengadget. Retrieved on December 17, 2008.


References

{{Western Digital Computer storage companies Companies based in California Companies formerly listed on the Nasdaq Western Digital