Hitachi acquires G-Tech, SimpleTech maker

Hitachi Global Storage Technologies (GST) has announced the acquisition of Fabrik, the storage peripheral maker behind G-Technology and SimpleTech. The financial terms of the deal were not disclosed.

Hitachi GST manufactures hard disk drive mechanisms, acquiring the business from IBM in 2003. Fabrik’s G-Technology brand focuses on content creation professionals and the A/V market; their products cater to Mac users, with FireWire connectivity and product designs that complement pro Mac models. SimpleTech makes USB 2.0-equipped drives aimed at general consumers and PC users.

The move gives Hitachi GST a foothold in the retail drive market, already occupied by competitor Seagate, which made a similar move in 2005 when it acquired Maxtor.

Hitachi GST indicated in a statement that Fabrik’s business will continue intact and will form the core of a new external storage business for Hitachi GST going forward. Mike Cordano, CEO and co-founder of Fabrik, becomes an executive at Hitachi GST. Cordano previously worked at Maxtor.

To comment on this article and other Macworld content, visit our Facebook page or our Twitter feed.
Shop Tech Products at Amazon