The story
Fabrik was founded as a Smart network-attached storage (NAS) software company in August 2005 by former Maxtor executives Mike Cordano and Keyur Patel. Patel hired a team of 4 led by founding VP of Engineering Robert Free, who designed and built the Maxtor Fusion NAS box that categorized media and supported visual sorting and searches. Free developed new algorithms for optimized visual searches. This was acquired by Seagate and later used as the foundation for creating a web-based myfabrik.com.
Anaal Udaybabu designed a brand identity for on-the-web storage. The following month, the company disclosed the completion of its series A funding of $4.1 million followed by $8 million in series B funding in July 2006 and $14.3 million in February 2007. Then in May 2007, the company received $24.9 million in funding, bringing the total to about $51.3 million in funding.
In February 2006, Fabrik partnered with Maxtor (acquired by Seagate in 2005) to develop Maxtor Fusion, a network-attached storage (NAS) device built for organizing and sharing digital files, and in late 2006 the company launched myfabrik.com, which organized and stored digital media online.
In February 2007, the company acquired the consumer business of SimpleTech, inheriting the SimpleTech product line of external hard drives for consumers and small businesses.
In January 2008, Fabrik acquired G-Technology and inherited a suite of external hard drives for Mac, creative pro, photography and A/V markets, including FireWire eSATA, USB, SCSI and Fibre Channel storage products.
Fabrik's acquisitions and the introduction of Joggle at the DEMO conference in January 2008 created four brands: SimpleTech, G-Technology, Joggle and Fabrik Ultimate Backup. SimpleTech and G-Technology products were still branded as such and maintained separate online website entities.
On February 23, 2009, Hitachi Global Storage Technologies announced it agreed to acquire Fabrik. At this point Fabrik revenue for the year (2009) was estimated at $350M to $400M range and growing 40% on yearly basis.
On April 6, 2009, Hitachi Global Storage Technologies completed the acquisition, which formed the core of Hitachi GST's new Branded Business division.
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Following the acquisition, the subsidiary was branded 'G-Technology by Hitachi'.
From Wikipedia’s article on Fabrik Inc., shared under CC BY-SA 4.0.4