Main Area and Open Discussion > Living Room

No more Samsung HDDs

(1/1)

4wd:
Something that slipped quietly under the radar, (well, for me anyway):

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.
--- End quote ---

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.
--- End quote ---

Full story here.

TaoPhoenix:

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:
Samsung is focusing on SSDs now and will soon be coming out with a new push for "green" data centers, etc. etc.

Navigation

[0] Message Index