Wednesday Recap: Seagate Hearts LaCie, HP Slashing 27,000 Jobs, DigiTimes Rumors

Krikey, what a day for the tech world! On top of the jury siding with Google over the Oracle lawsuit, we’ve got Seagate buying up LaCie, HP slashing eight percent of its workforce over the next two years and Apple CEO Tim Cook failing to cut a deal with Samsung CEO Choi Gee-sung over their long-standing patent dispute. Oh, and DigiTimes says they’ll work harder to make Apple rumors more accurate. Yes, seriously. Read on to check out all the news for Wednesday, May 23, 2012!

Seagate Plans to Acquire Controlling Interest in LaCie

One would think with all of the hard drives in the world, the market would be strong, but the announcement today that Seagate intends to acquire controlling interest of LaCie certainly gives one pause. The storage titan has offered to purchase LaCie CEO Philippe Spruch’s 64.5 percent ownership, which pins the value of the deal at $186 million USD. Spruch plans to join Seagate and lead the company’s consumer product division when the deal closes.

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