Seagate decides: Time for a new name

"The whole name change is about capitalising on the Crystal brand," said Fred King, Crystal Decisions' regional director.

This Crystal brand is evidenced by the company's popular reporting products Crystal Reports and Crystal Enterprise -- both of which have updated versions to coincide with the announcement on Monday.

However, there has been one glitch in the new roll over. The lucrative .com domain has eluded it. The company will trade under The .com is owned by a cybersquatter who is demanding an "enormous" amount to hand over the domain. It is believed Crystal Decisions is negotiating for a better price.

Seagate Software was a subsidiary of Seagate Technology. Seagate Technology was bought by Veritas Software and an investment group Silver Lake Partners in a complex $US20 billion deal in March last year.

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