ith Seagate’s strategic focus on its core mass-capacity storage business to meet the surging demand for data storage, while ensuring Lyve Cloud customers continue receiving exceptional support through Wasabi, a dedicated, independent cloud storage provider,” said Gianluca Romano, chief financial officer of Seagate Technology.

Strengthening Enterprise-Grade Cloud Storage

AI initiatives, analytics, video workloads, and longer data retention requirements are driving rapid growth in enterprise storage demand. As data volumes scale into the petabytes, organizations are re-evaluating cloud economics and seeking to reduce vendor complexity. Increasingly, they are choosing providers that deliver predictable pricing, strong security, and global performance at scale.

Lyve Cloud has long been positioned as an enterprise-ready storage platform with strong security and compliance capabilities. Combined with Wasabi’s focused execution, channel reach, a
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