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 ?
Customers told Seagate they no longer want to choose between varied, incompatible methods for ensuring reliable video streaming in digital video recording devices.
Seagate Software is committed to the launch of the Data Warehousing Alliance 2000 through its core support and integration with Microsoft products," said Tony Wind, vice president of product management at Seagate Software.
Seagate sells 16 percent of its products in Asia, where consumer demand for computer products has been hurt by the region's economic crisis.
5 disc drive provides storage manufacturers with an unprecedented combination of capacity, performance and reliability," said Harry Prestidge, Xyratex global account manager with Seagate.
Seagate developed U Series X using Six Sigma design processes, enabling the most cost-effective design ever, with features customers would expect from a more expensive drive.
As a leader in storage and network management, Seagate Software continues to support its enterprise information availability strategy with innovative technology developments," said Rob Louks, division vice president for EDS.
Seagate's Momentus 5400 FDE drives represent an important new security foundation for protection of data," said Jeff Loebbaka, Seagate vice president of Global Marketing.
Seagate was the first hard drive maker to recognize the emergence of the Consumer Electronics storage market, becoming the sole supplier of hard drives to Microsoft WebTV when it first shipped in 1997.
This strong review by InfoWorld Magazine not only highlights the strengths of our individual products but recognizes Seagate Software's Business Intelligence suite as a complete and comprehensive solution," says Tony Wind, vice president of product management at Seagate Software.
With respect to the distribution of Seagate shares to New SAC shareholders, New SAC expects to make quarterly distributions of 25 million shares of Seagate stock beginning this spring and continuing in each of the next three quarters thereafter, for a total distribution in this manner of 100 million shares over the next year.
Like all Seagate Travan solutions, Seagate's Hornet Travan 40 tape drives provide a competitive edge by allowing users to protect their entire system and vital information reliably on a single data cartridge.
Calling it "enterprise software with a capital E," PC Week Labs praises Seagate Info 7 for its scalability, enterprise-class administration tools, manageability, connectivity and low cost.