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Old 04-19-2011, 01:14 PM   #1 (permalink)
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Default Seagate to buy Samsung disk drive operations for $1.375B

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Samsung Electronics will sell its hard-disk drive operations to Seagate Technology in a $1.375 billion deal that will create strong links between the two companies, they said Tuesday.

The deal stands to solidify Seagate's position as the world's second-largest maker of hard disk drives and comes less than a month after market leader Western Digital said it would buy Hitachi GST. If both deals go through, the hard disk drive market will have just three players by the end of the year, the other being Toshiba.

Seagate will pay around $1.375 billion for Samsung's hard-disk operations, half in cash and half in Seagate shares.

The companies expect to complete the deal by the end of 2011, at which time Samsung will own around 9.6% of Seagate. It will also get to nominate a member to Seagate's board of directors.

In addition to the transfer of the hard disk drive business, the two companies will expand an existing patent cross-licensing agreement and collaborate on development of enterprise storage systems. Samsung will supply flash memory chips for use in Seagate's solid-state drives and Seagate will supply disk drives for use in Samsung's PCs, laptops and consumer electronics products.

Seagate said the deal will give it better access to potential customers in China and Southeast Asia, and a steady supply of flash memory chips for its expanding range of solid-state drives. It should also mean faster development cycles for both companies, according to Seagate.

A possible deal between the two companies was reported by The Wall Street Journal's website on Monday.
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2 good companies.
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Old 04-20-2011, 10:41 PM   #2 (permalink)
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Default Re: Seagate to buy Samsung disk drive operations for $1.375B

Maybe this will return Seagate back to the quality it had before it took over Maxtor. I doubt it, but we can live in hope.
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Old 04-20-2011, 10:52 PM   #3 (permalink)
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Default Re: Seagate to buy Samsung disk drive operations for $1.375B

I still like seagate... But, I have to admit, I am more fond of my western digital.
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Old 04-20-2011, 11:15 PM   #4 (permalink)
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Default Re: Seagate to buy Samsung disk drive operations for $1.375B

Ditto. WD FTW. Seagate is second my list, though.
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Old 04-20-2011, 11:34 PM   #5 (permalink)
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Default Re: Seagate to buy Samsung disk drive operations for $1.375B

Other way around for me easily. 7200.12's are the most reliable 1TB drives I own. WD drives are ok, if I go WD I get the Blue drives. Green performance is too bad, and the Blacks are just not reliable enough.
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Old 04-21-2011, 12:02 AM   #6 (permalink)
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Default Re: Seagate to buy Samsung disk drive operations for $1.375B

I have a set of blacks that are like 5+ years old, one still going strong, the other one has a few.... issues....
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Old 04-21-2011, 12:27 AM   #7 (permalink)
 
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Default Re: Seagate to buy Samsung disk drive operations for $1.375B

I have four Seagate 7200.11 disks in my computer.. The oldest one is going on three years pretty soon all work just fine so far!
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Old 04-21-2011, 12:42 AM   #8 (permalink)
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Default Re: Seagate to buy Samsung disk drive operations for $1.375B

Yeah we have a lot of Blacks in our servers here at work. Problem is a few of them have failed seemingly randomly. Not good for server environment lucky we have raids setup.
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Old 04-21-2011, 01:23 AM   #9 (permalink)
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Default Re: Seagate to buy Samsung disk drive operations for $1.375B

Yea, I keep my stuff backed up, I do find one thing interesting, my 1TB green scores just as good as my 80GB blacks in bench marks o.0

What I want to see come out of this end is more hybrid drives, 2gb cache 10k RPM platters anyone? Now those, would be really nice to have in just about any enviroment when storing a lot of data and needing reliability.
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Old 04-21-2011, 01:35 AM   #10 (permalink)
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Default Re: Seagate to buy Samsung disk drive operations for $1.375B

aww yeah Actually I'm excited about OCZ's Vertex 3's atm, gotta do some more research on reliability tho. I think I'll grab two and write a script to get it to copy/delete/write the contents from one to the other and see how well they hold up after 3 weeks or so the entire time I think I'll be crouching in front of the screen with my mouth hanging open watching the uber speed lol
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