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‘Seagate’ Stories

Seagate buys LaCie for $186 million

Rue Liu, May 23rd 2012 Discuss [0]

Seagate has announced that it is buying a majority stake in rival hard drive maker LaCie for $186 million. The Paris-based LaCie is a long-time maker of premium consumer hard drives for Macs and the first ones to feature Apple's Thunderbolt technology. Seagate believes that the acquisition will complement its mainstream hard drive lines and help it expand into new consumer markets, particularly in Europe and Japan. Read The Full Story

Seagate repurchasing $2.5 billion in stock

Chris Burns, Apr 26th 2012 Discuss [0]

When a company gets much too rich for it's own good, it's time to do as Seagate is doing today: repurchasing a whole lot of shares in their own company. Here Seagate has decided that because of their confidence in their own ability to generate cash at this time, they'll pick up $2.5 billion (of the $3.5 billion they're actually authorized) in outstanding ordinary shares. Seagate will be repurchasing this stock with a combination of cash on hand, future cash flow from operations, and "potential alternative sources" whatever that ends up being. Read The Full Story

Seagate GoFlex Satellite update adds simultaneous WiFi streaming and web

Chris Davies, Mar 21st 2012 Discuss [0]

Seagate has released an update to its GoFlex Satellite WiFi-enabled external drive and its companion iOS and Android apps, adding support for simultaneously connecting via WiFi to the portable HDD and to a separate data network. Announced last May, the GoFlex Satellite is a 500GB drive positioned as a way to offload data from your smartphone and tablet, while still being able to stream it easily. However, until now using the WiFi connection meant your phone or tablet was unable to also connect to a home or office WiFi network. Read The Full Story

Seagate hits 1Tb per square inch milestone

Rue Liu, Mar 19th 2012 Discuss [0]

Seagate today announced that it has reached a new milestone in hard drive technology. The company claims to be the first hard drive manufacturer to achieve a storage density of 1Tb (1 terabit = 1 trillion bits) per square inch. This makes it possible for massive 60TB (terabyte) hard drives to arrive within the next decade. Read The Full Story

Seagate says hard disk drive shortage to continue through 2012

Shane McGlaun, Feb 2nd 2012 Discuss [2]

The massive flooding in Thailand has severely limited the supply hard drives for the computing industry all around the world. One of the companies that was hard hit by the flooding was Seagate. I'm sure Seagate, and the computer industry hoped that the hard disk drive shortage would be over this year, but it doesn't seem that will be the case. Seagate is now reporting that the shortage of hard drives will continue throughout 2012, just as some research firms were predicting. Read The Full Story

CES Live

Verizon bringing storage to mifi with Seagate LTE mobile drive

Michael Crider, Jan 10th 2012 Discuss [1]

If you need a little more enterprise-friendly functionality in your broadband mobile router, Seagate and Verizon have a treat for you. Their new combination storage/mobile access device allows for sharing both a Verizon LTE mobile connection and files across the built-in hard drive. Read The Full Story

Seagate Samsung HDD deal final: new mobile R&D in pipeline

Chris Davies, Dec 20th 2011 Discuss [1]

Seagate has completed its $1.4bn acquisition of Samsung's hard-drive business, taking on production as well as research & development of traditional platter-based discs while Samsung focuses on flash memory. Announced back in April, the deal will also see Samsung provide NAND flash to Seagate for use in the company's SSDs and hybrid SSD/HDD drive line-up. Read The Full Story

Seagate chops warranty on some HDDs

Shane McGlaun, Dec 19th 2011 Discuss [1]

Seagate has announced that it is chopping the warranties that it offers on some of its hard drives down to size. Seagate says that the reason it is cutting warranty length is to be consistent with the industry. Other major HDD makers like Western Digital have cut warranty length recently as well. This warranty shortening may be a response to reduced profits in the HDD industry in the wake of flooding in Thailand that has lead to shortages. Read The Full Story

Seagate Momentus XT 750GB SSHD official, test videos released

Chris Burns, Nov 28th 2011 Discuss [12]

The folks at Seagate have announced the 3rd generation unit in their Momentus solid state hybrid drive line, here in the Momentus XT 750GB - as large as an HDD and as fast as an SSD, and at one tenth the price. This newest unit comes with 750GB of space, SLC NAND at 8GB, and a SATA 6GB/s NCQ interface. This newest drive has 50% more capacity than the previous generation Seagate Momentus, is 1.5x faster, and has both double the NAND flash and double the interface speed of its predecessor. Though it has the same name as its 500GB older sibling, this newest generation hybrid drive acts as the new plateau for Seagate and is available at a handful of online retailers today. Read The Full Story

Computer prices likely to soar as HDD costs rocket

Shane McGlaun, Nov 7th 2011 Discuss [2]

With all the flooding in Thailand the supply of HDDs for computers and other devices is quickly drying up. That means the HDDs that available are seeing prices soar. We already know Seagate is having serious shortages in supply of HDDs. All the shortages in the industry are driving prices up significantly across the board. Read The Full Story

Seagate shuts the door on 5400 rpm desktop drives, goes 7200 rpm only

Shane McGlaun, Nov 1st 2011 Discuss [3]

Seagate has been producing hard drives for data storage in computer systems for a long time now. It has made both 5400 rpm and 7200 rpm HDDs for much of that time. The benefit of the 5400 rpm drive was lower power consumption while the 7200 rpm HDD had faster performance. Seagate has now changed its HDD line for desktops significantly. Read The Full Story

PC prices set to climb as Seagate joins HDD affected

Shane McGlaun, Oct 13th 2011 Discuss [0]

Western Digital announced yesterday that the severe flooding in Thailand has left the company unable to produce HDDs in its plants. WD was clear that the facilities it has in the country are functional, but are on hold to prevent water from getting inside. A number of WD workers are unable to get to the factory as well due to flooding. Seagate is also reporting the same issue with slowdowns at its Thailand plant. Read The Full Story