• Home
  • About
  • Contact

Tech Ticker

  • Reviews
  • Mobile Phones
  • Tablets
  • Laptops
  • Gaming
  • Software
  • Television
  • Hardware
You are here: Home / Hardware / Samsung sells HDD biz to Seagate, extends partnership

Samsung sells HDD biz to Seagate, extends partnership

April 19, 2011 By Kinjal Sangoi Leave a Comment

Share
Share this
Share
Share on Facebook
Pin
Pin this
Share
Share on LinkedIn


 

Seagate is one of the leading hard drive manufacturers and to extend its leadership in the business they’ve managed to buy Samsung’s ailing hard drive business. However, this is not a regular buyout as it stretches on number of other fronts.

Under the agreement, Samsung and Seagate will “extend and enhance” existing patent cross-license agreement; Seagate will supply HDDs to Samsung for their PCs, laptops; co-develop enterprise storage solutions; and Samsung will provide Seagate NAND flash memories for use in Seagate SSD products.

The total value of the transaction comes to around US$1.375 billion that will be paid in stock and cash. Additionally, Samsung will also gain about 9.6% ownership stake in Seagate and a place on the Board of Directors.

Share
Share this
Share
Share on Facebook
Pin
Pin this
Share
Share on LinkedIn
  • Seagate Ultra Mobile HDD could bring 500GB storage to tablets
  • Seagate ships 5mm ultrathin HDD for laptops
  • Seagate announces Seagate Central Storage in India
  • Seagate intros Video 2.5 HDD for DVRs and Set-top boxes

Filed Under: Hardware

Worth a read

Fujifilm instax mini 41

Fujifilm India Launches instax mini 41 Analog Instant Camera

June 2, 2025 By News Team Leave a Comment

Fujifilm India has launched the instax mini 41, an analog instant camera priced at Rs. 13,999. The device builds on the design of the previous instax mini 40 model, offering updates in aesthetics and functionality. The mini 41 retains the retro design appeal of its predecessor but brings a sleeker finish in black and dark-toned […]

Colorful iGame M15 Origo and iGame M16 Origo Laptops

Colorful launches iGame M15 Origo and iGame M16 Origo Laptops

May 21, 2025 By News Team Leave a Comment

Colorful has introduced two new laptops in its flagship iGame laptop series. The iGame M15 Origo and iGame M16 Origo laptops come with the top-of-the-line Intel 14th Gen Core HX and Core Ultra processors, along with the latest Nvidia 5060 or 5070 graphics cards. Both gaming laptops come with a display that supports QHD resolution, […]

Synology BeeStation Plus

Synology unveils BeeStation Plus with 8TB storage

May 21, 2025 By News Team Leave a Comment

Synology expanded its BeeStation plug-and-play storage lineup with the all-new BeeStation Plus. The Plus series now comes with 8TB of built-in storage, and compared to the non-Plus variant, the BeeStation Plus is 4.8X faster. Synology introduced the BeeStation series for users who don’t want to deal with the hassle of setting up a NAS. The […]

Qualcomm Snapdragon 7 Gen 4

Qualcomm intros Snapdragon 7 Gen 4 Mobile Platform

May 15, 2025 By Apurva Leave a Comment

Qualcomm has expanded its mid-tier portfolio with the introduction of the Snapdragon 7 Gen 4 processor. As is the trend, the Snapdragon 7 Gen 4 also focuses on delivering improved AI experiences, which, according to Qualcomm, performs 65% better AI performance with support for Gen AI assistants, large language models (LLMs) running directly on the […]

iGear X-Bass 160 Party Karaoke speaker

iGear launches 160W X-Bass 160 Party Speaker

January 30, 2025 By News Team Leave a Comment

iGear has expanded its party speaker lineup in India with the X-Bass 160. Following the success of X-Bass 60 and X-Bass 100, iGear is upping the ante with the X-Bass 160, which produces 160W of thumping sound. The speaker can be paired wirelessly with another X-Bass 160 and is equipped with trolley wheels, allowing it […]

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Subscribe

New Stories

boat Smart Ring Active Plus

boAt launches Smart Ring Active Plus

Fujifilm instax mini 41

Fujifilm India Launches instax mini 41 Analog Instant Camera

Colorful iGame M15 Origo and iGame M16 Origo Laptops

Colorful launches iGame M15 Origo and iGame M16 Origo Laptops

Synology BeeStation Plus

Synology unveils BeeStation Plus with 8TB storage

Qualcomm Snapdragon 7 Gen 4

Qualcomm intros Snapdragon 7 Gen 4 Mobile Platform

More Stories

© Copyright 2018 Tech Ticker · All Rights Reserved · Privacy Policy · Terms of Use

We use cookies to ensure that we give you the best experience on our website.Agree & CloseDecline