Five years ago, almost to the day, Seagate issued a press release
stating that it had bought EVault Inc for $185 million. This allowed
Seagate to provide an online cloud-based backup service. It then renamed
it to i365 in September 2008, to reflect its all-year-round
availability. However, it has now made a screeching U-turn and renamed
the service back to EVault. Why? Apparently, because i365 has no product
recognition, but EVault has plenty. One wonders what took them so long
to figure this out? You can currently see a marketing graphic about this
on the EVault homepage. We have taken a snapshot of it below, to preserve it.
Source: The Register
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