Seagate

Interview: HP CEO Meg Whitman on Keeping the PC Business
October 28, 2011

I just got off the phone with Hewlett-Packard CEO Meg Whitman and HP's executive vice president Todd Bradley: We talked about HP's decision to keep its PC-making Personal Systems Group, which Bradley runs, inside HP, rather than spin it off into a separate company. The decision amounts to the first - and it may turn out to be the only - repudiation so far of the strategic steps taken by HP's prior CEO, Léo Apotheker. HP rolled out the decision to "study strategic alternatives" for the PC unit in a messy, multipronged announcement on Aug. 18.

Seagate: With Chief Rival Hurting, The Stock Spikes
October 21, 2011

While Western Digital has had to shut down two factories in Thailand, effectively idling 20% of the world’s hard-disk capacity, Seagate said its own factories in Thailand continue to operate normally. CEO Steve Luczo warned in interview that the issue for Seagate will be getting components, given that many key parts suppliers were affected by the flooding.

A number of analysts made positive comments on Seagate’s prospects this morning, including a pair of upgrades.

Seagate Unveils 'World's First' Tablets with Hard Drives
June 23, 2011

Most tablets on the market today host solid state drives and flash memory. Seagate has introduced two new tablet computers with physical hard drives on board.

Touted as the “world’s first handheld tablet computers with hard drives,” the 8-inch Archos 80 G9 and 10-inch Archos 101 G9 sport 2.5-inch Seagate Momentus Thin hard drives.

EU Probes Two U.S.-Asian Computer Hardware Deals
May 31, 2011

EU regulators opened in-depth probes on Monday into two takeover bids in the computer hardware sector involving two Asian companies and two U.S. peers, saying it was concerned the deals would reduce the number of rivals.

U.S.-based Seagate Technology has said it wants to buy Samsung Electronics Co's loss-making hard disk drive unit for $1.4 billion -- a deal that will give Seagate access to Samsung's NAND-type flash chips for its solid-state drive products.

Western Digital plans to purchase Hitachi Ltd's hard disk drive business for $4.3 billion to give it an edge in developing next-generation

Seagate Buys Samsung's Hard Disk Unit
April 19, 2011

Seagate has purchased Samsung's hard disk drive business for $1.4 billion, the companies announced. The deal is in both cash and stock.

Samsung to Sell hard Disk Business to Seagate for $1.375B
April 19, 2011

Samsung has agreed to sell its hard disk drive business to Seagate for $1.375 billion in cash and stock. Coming off the heels of Western Digital’s $4.3 billion purchase of Hitachi’s storage business, the deal represents a major consolidation in the hard drive business, which is one of the fundamental technologies of the computer era. Korea’s Samsung will shed the money-losing division and get a 9.6 percent stake, or 45.2 million shares, in Scotts Valley, Calif.-based Seagate

SED Plans May Vendor Fair
April 8, 2011

SED International will hold a vendor fair and buying event in Atlanta next month, the distributor announced this week.

Seagate Unveils Thinnest Drive
April 5, 2011

Seagate Tuesday unveiled the new GoFlex Slim portable drive which, at 9mm, is touted by the company as the world's slimmest portable HD drive. It is 8 percent leaner than the previous GoFlex drive.