Wuala, an extra secure cloud storage service that we first talked about back in 2011, has announced its imminent shutdown. Originally created by Swiss researchers, Wuala was acquired by French hardware maker LaCie in 2009 as a means to take advantage of the growing interest in cloud solutions. After LaCie was acquired by Seagate, Wuala too fell under that corporate umbrella.

No explicit reasoning has been given for the shutdown, but it isn't hard to see that Wuala just hasn't taken off and may well have lost users in recent years.

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