Sectors
Foley & Lardner LLP advised Wasabi Technologies, the hot cloud storage company, in its acquisition of the Lyve Cloud business from Seagate Technology LLC (NASDAQ: STX), a leading innovator of mass-capacity data storage.
The combination of Lyve Cloud, an enterprise-ready storage platform with leading security and compliance capabilities, with Wasabi’s focused execution, channel reach, and straightforward pricing model strengthens Wasabi’s position as the world’s leading pure-play cloud storage vendor for enterprise customers seeking predictable, cost‑efficient deployments.
Recognized as one of the technology industry’s fastest growing companies, Wasabi is on a mission to store the world’s data by making cloud storage affordable, predictable, and secure. With Wasabi, visionary companies gain the freedom to use their data whenever they like without being hit with unpredictable fees or vendor lock-in.
Foley’s transactions team, which advised Wasabi in its $70 million equity funding in January 2026, was led by partners Susan Pravda and Alexander Miska and included associates Laura Burlot, Grace Fucci, and Sarah McGrath. Additional subject matter support was provided by Benjamin Dryden (Antitrust), Casey Knapp and Iris Grossman (Employee Benefits), Beth Lamontagne, Samuel Goldstick, Lauren Hudon, and Chloe Talbert (Technology Transactions), Christopher McKenna (IP), John Palmer and Sonia Kothari (Tax), Larry Perlman and Mark Neuberger (Employment), Joshua Roling (Real Estate), Christopher Swift (International Trade), and Nick Johnson (Environmental).
