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Fabrik Acquires SimpleTech's Consumer Business for $43 million
Fabrik, Inc., a privately owned company, today announced that it has acquired the consumer product business of SimpleTech, Inc., based in Santa Ana, Calif., the No. 3 U.S. provider of hard disk drive-based external, portable and network storage solutions for consumers and small business users.

Source: http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/02-12-2007/0004525304&EDATE=

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