The name change comes at the heels of the November 2000 change in the company’s ownership – through the privatization of its former parent company, Seagate Technology (ST) – to an investment group led by Silver Lake Partners and executive management from ST. Crystal Decisions will still operate, however, as part of the Seagate Technology family of companies, with ST CEO Steve Luczo still chairman of the Crystal Decisions board.
"We will continue to be the company that enables organizations to capitalize on corporate data to make better business decisions. We will persist in providing our customers with the ability to standardize on best-of-breed products and services, and will continue to place emphasis on our strong partnerships with industry leaders such as IBM, Microsoft and SAP," says Remus Lim, Crystal Decisions business development manager.
With the name change, Crystal Decisions also launched its next-generation enterprise reporting, analysis and information delivery system, Crystal Enterprises.