Acquiring Company
Wasabi
Acquired Company
Lyve Cloud
Description
Wasabi has acquired Seagate’s Lyve Cloud business, with Seagate receiving an equity stake in Wasabi. This acquisition enhances Wasabi's positioning in enterprise cloud storage while ensuring that Lyve Cloud customers continue to receive support through Wasabi’s extensive network. The move aligns with Seagate's focus on its core mass-capacity storage offerings.
Quick answer
Wasabi is acquiring Lyve Cloud, announced April 9, 2026.
- How much did Wasabi pay for Lyve Cloud?
- The deal value was not disclosed.
- What does Wasabi do?
- With Wasabi, you pay only for what you store.
- Where are Wasabi and Lyve Cloud based?
- Lyve Cloud is based in Milpitas, California, United States.
- Who are the decision-makers at Wasabi?
- Fundz holds 2 contacts at Wasabi. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Fortreum acquires Kovr.AI for AI security compliance (April 13, 2026)
Who to call at Wasabi, and when
When Wasabi changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Wasabi raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Wasabi, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Wasabi. With Fundz connected, it knows.
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Fundz sees it the moment Wasabi makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Lyve Cloud?
Lyve Cloud was acquired by Wasabi. The deal was reported on April 9, 2026. With Wasabi, you pay only for what you store. Enjoy the freedom to access your data whenever you want, without fees for egress or API requests. Wasabi is privately held and operates in Information Technology.
When did Wasabi acquire Lyve Cloud?
Wasabi's acquisition of Lyve Cloud was reported on April 9, 2026. Wasabi has acquired Seagate’s Lyve Cloud business, with Seagate receiving an equity stake in Wasabi. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Lyve Cloud do?
Lyve Cloud is an S3-compatible object storage platform developed by Seagate. It is marketed as an enterprise solution, emphasizing predictable pricing, scalability, and strong security features. It is privately held, operating in Security, and is based in Milpitas.
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