LaCie and Wuala Merge to Create a Cloud of Storage Devices

Thu Mar 19, 2009 5:29pm EDT

* Reuters is not responsible for the content in this press release.

PARIS--(Business Wire)--
Today, LaCie announced a merger with Caleido AG, the creators of the innovative
online storage service, Wuala. 

Luzius Meisser, Co-Founder of Caleido said, "Wuala is an exciting technology
that builds its reliable and secure cloud storage by harnessing idle resources."

Wuala assembles centralized and distributed storage; the result is a reliable
and scalable service. Once files are placed in Wuala, they are securely
encrypted before being cut into several redundant fragments disseminated and
stored on a cloud of computers. 

"Users will gain online storage while trading disk space; that way, they will
securely protect their valuable data. They can access it from anywhere and
easily share files with selected peers. As privacy tends to be a major issue
when talking about digital life and data management, everything is encrypted and
a robust rights management system protects files from unauthorized access," said
Dominik Grolimund, Co-creator of Wuala, "We will also bring this technology to
enterprises and professional customers, who will soon take advantage of our
services with both cloud and data center-based storage." 

LaCie has plans to implement this first real "cloud storage" technology into its
ranges of storage devices, offering a powerful and combined solution for
storage--local storage on devices for fast access, and secured remote storage on
the cloud, for easy sharing and complete data versatility. 

"For 20 years, LaCie massively promoted hard drive technologies; today, as a
leader on storage market, we will be a first mover in the next leading
technologies: flash-based storage, and cloud storage. With this merger, LaCie
will morph from a pure hardware manufacturer to a solution provider. These new
technologies will be amazing for our customers and will enhance their
experience," Philippe Spruch concluded. 

About Wuala

Wuala is an innovative online storage which allows its users to securely store,
back up, and access files from anywhere and to share files easily with family,
friends, and co-workers. Wuala is based on a revolutionary technology that was
researched for the most part at ETH Zurich (Swiss Federal Institute of
Technology Zurich). Users start with 1 GB of storage but can get as much as they
want, either by trading idle disk space or by buying additional storage. All
files are encrypted on the user's computer and the user chooses who gets access
to which folder. For more information, visit and 

About LaCie

Located in the US, Canada, Japan, Australia, Europe, Singapore and Hong Kong,
LaCie is the creative manufacturer of computer peripherals for PC, Apple and
Linux users. LaCie has differentiated its products through original designs and
leading-edge technology. Established in Paris, France and Portland, Oregon in
1989, LaCie is listed on Euronext under FR0000054314 (LAC). For more
information, visit 

Kimberly Myers, PR Manager, +1-503-844-4578
Investors / Analysts / Financial information:
GĂ©raldine Hottier-Fayon, CFO, +33 1 58 49 57 57
Technology / Marketing information:
Pierre-Laurent Sinigaglia, Project Manager, +33 6 42 26 36 84

Copyright Business Wire 2009