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Author Topic: No more Samsung HDDs  (Read 930 times)

4wd

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No more Samsung HDDs
« on: February 05, 2012, 06:31:57 PM »
Something that slipped quietly under the radar, (well, for me anyway):

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Seagate Completes Acquisition of Samsung’s Hard Disk Drive Business

CUPERTINO, Calif. - December 19, 2011 - Seagate Technology plc (NASDAQ: STX), a world leader in hard disk drives and storage solutions, today announced the closing of the transaction to acquire the hard disk drive (HDD) business of Samsung Electronics Co., Ltd., a world leader in digital consumer electronics and information technology.

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This transaction was announced in April 2011 along with a series of other agreements between Seagate and Samsung. Seagate is supplying disk drives to Samsung for PCs, notebooks and consumer electronics devices. Samsung is supplying its market-leading semiconductor products for use in Seagate's enterprise solid state drives (SSDs), solid-state hybrid drives and other products. The companies have also extended and enhanced their existing patent cross-license agreement and have expanded cooperation to co-develop enterprise storage solutions.

Full story here.

TaoPhoenix

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Re: No more Samsung HDDs
« Reply #1 on: February 05, 2012, 06:45:57 PM »

That sounds confusing. They're doing some sort of complicated "we operate in opposite segments so let's consolidate so we don't fight each other."

Renegade

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Re: No more Samsung HDDs
« Reply #2 on: February 05, 2012, 10:04:50 PM »
Samsung is focusing on SSDs now and will soon be coming out with a new push for "green" data centers, etc. etc.

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