SimpleTech is a consumer brand of external hard drives and backup products owned by Fabrik Inc. and designed to integrate computer hardware, software, and online services to help consumers store, protect, manage, and share digital content. The brand and product line was originally created by Simple Technology, a company founded in 1990, which later changed its name to SimpleTech in 2001.
SimpleTech (now STEC, Inc.) sold the SimpleTech brand and consumer products: flash memory cards, USB flash drives, memory upgrades, and external and portable disk drive storage, to Fabrik in February 2007. Fabrik acquired the SimpleTech’s storage platform to integrate and deliver backup and content management software and web services (FabrikUltimateBackup.com and Joggle.com), allowing consumers to store, access, manage and share their digital content.
The SimpleTech product line includes the Signature Mini USB Portable Drives, the Pro Drive family, and the environmentally friendly SimpleTech [re]drive. The original design of the SimpleTech portable external storage product line was inspired by the Ferrari design team Pininfarina

History

Simple Technology was founded by two brothers from Iran in 1990, using $100,000 of their own savings: chief executive Manouch Moshayedi and president Mike Moshayedi. In 1993, the youngest brother at 38, Mark Moshayedi, joined the company as chief operating and technical officer
After a series of acquisitions, the company went public as Simple Technology in 2000 and its name was shortened to SimpleTech in 2001. From 1990 to 2007, SimpleTech designed and manufactured flash solid-state drives, dynamic random-access memory (DRAM), and static random-access memory (SRAM).
The SimpleShare consumer network attached storage device was announced in November 2004. In 2006 SimpleTech announced its first portable external hard drive designed by Pininfarina.
In early 2007, STEC decided to focus on selling flash memory cards, solid state drives, and DRAM memory products to manufacturers and industrial distributors and sold the SimpleTech consumer division to Fabrik (a company funded and founded by Keyur Patel, Anaal Udaybabu along with Mike Cordano) for $43 million in cash.The OEM business then operated as sTec, Inc. and was publicly traded on NASDAQ until being acquired in 2013.
Fabrik continued to develop and market products under the SimpleTech brand including the Joggle.com website and the environmentally friendly [re]drive introduced in 2008.
Fabrik was acquired by Hitachi in 2009 for estimated $950 million.