sTec is an American

computer data storage Computer data storage is a technology consisting of computer components and recording media that are used to retain digital data. It is a core function and fundamental component of computers. The central processing unit (CPU) of a comput ...

technology company headquartered in

California California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the ...

,Bloomberg BusinessWeek. �
STEC Profile
” September 20, 2010. with research and development, sales, support or manufacturing sites in China,

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 ...

, Japan,

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 Count ...

(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 northe ...

. 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 i ...

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 u ...

and dynamic random access memory (DRAM), providing them to data center 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, a Western Digital 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 Turkm ...

: 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

s, dynamic random-access memory (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'' differe ...

(SRAM).. In 1994, Simple Technology bought Cirrus Logic’s flash controller operation, to enter the

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 modules and also 320 MB Type II CompactFlash. 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 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. Fabrik Inc. was a manufacturer of external hard drives and digital content management software and services. Fabrik claims it was the third largest supplier of external storage products in North America in 2007. It is headquartered in San Mateo, w ...

(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, Facebook, Amazon, and Wikip ...

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

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 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, ( 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 As of 2021, Pune Metropolitan Region is the largest i ...

. In September 2012, Mark Moshayedi was named sTec chief executive officer. On June 24, 2013, Western Digital 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 drives and backup products owned by

and designed to integrate computer hardware,

software Software is a set of computer programs and associated software documentation, documentation and data (computing), data. This is in contrast to Computer hardware, hardware, from which the system is built and which actually performs the work. ...

, and online services 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

cards, USB flash drives, 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 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 design team Pininfarina.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