Seagate


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Seagate

(Seagate Technology, Inc., Scotts Valley, CA, www.seagate.com) The largest independent manufacturer of disk drives. Founded in 1979 by Alan Shugart, Tom Mitchell and Doug Mahon, it was the first to offer a five megabyte drive using 5.25" platters making it ideal for the burgeoning desktop computer industry. Seagate became the first company to ship 10 million drives.

In 1989, it acquired Imprimis Technology, a CDC subsidiary making workstation and mainframe drives, nearly doubling Seagate's revenue to USD $2.5 billion. In 1996, it acquired Conner Peripherals bringing combined revenues to more than eight billion U.S. dollars. Starting in the mid-1990s, Seagate acquired several software companies and formed Seagate Software subsidiaries in Europe and the U.S. Seagate Software provides products for asset, network, storage and information management. In 2006, Seagate acquired Maxtor Corporation, a rival hard disk manufacturer founded in 1982, and turned it into a Seagate subsidiary.


The ST506
Introduced in 1979, Seagate's ST506 was the first hard disk drive for personal computers. This 5.25" full-height drive held 5MB and became an industry standard used in CP/M machines and, later, the IBM PC and its successors. (Image courtesy of Seagate Technology, Inc.)
References in periodicals archive ?
Seagate (NYSE: STX) is shipping its new Consumer Electronics (CE) hard drives to eight of the world's leading Digital Video Recorder (DVR) device makers: Toshiba, Thomson, Sony, Pioneer, Pace, Nokia, Motorola and Echostar.
Seagate already has announced it would set aside more than $300 million to pay for a restructuring of its 100,000 work force.
NASDAQ:XRTX), a leading provider of storage systems for OEMs and Solution Integrators, today announced that it is the first storage subsystem manufacturer to qualify the new Seagate 300GB Cheetah 15K.
Seagate Technology recently unveiled U Series X, the first hard drive designed specifically for the needs of non-traditional markets.
NEW YORK -- New SAC announced today that it has suspended any further significant sales of its shares of Seagate (NYSE:STX) and intends to dispose of its remaining shares through staged distributions to its more than 20 shareholders.
Seagate Technology has announced the opening of its Design Service Centers (DSC), a group of facilities created to offer a full range of research and development, design, and testing services to all Seagate customers.
com) has announced that it is extending its EMBASSY(R) Trust Suite software products to support the new Seagate Momentus 5400 FDE hard drives with hardware-based Full Disc Encryption technology.
Seagate Removable Storage Solutions (RSS), a manufacturer of computer tape drive and tape head products, recently announced the introduction of the new Seagate internal Hornet 40 and TapeStor Travan 40 tape drives and solutions to support the needs of PC, workstation, and entry-level server users.
NEW YORK -- New SAC announced today that it intends to continue to dispose of its remaining shares of Seagate (NYSE:STX) common stock in a series of orderly and disciplined transactions in 2005 and 2006.
In an effort to defend its technical innovations in developing unique data storage solutions, Seagate Technology LLC, a longtime provider in storage technology, has announced that it has sued Storage Computer Corporation for patent infringement in the United States District Court for the Northern District of Texas.
25 Gbit/s Fibre Channel Arbitrated Loop (FCAL) interoperability between Seagate Technology's Cheetah 4G Hard Disk Drive (HDD) and PMC-Sierra's PM8377 PBC 4x4G 4G Fibre Channel (FC) Intelligent Port Bypass Controller.