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Home > Company Index > Computer Hardware > Data Storage Devices > Seagate Technology, Inc.

Seagate Technology, Inc.
 NEWS FROM THE STANDARD
Seagate Drives for Quiet Storage
Jun 29 2001 03:26 PM PDT

After the Bell: Veritas Shares Sink on Seagate Acquisition
Nov 21 2000 05:49 PM PST

Early Market Movers: Reaching New Lows
Oct 11 2000 09:50 AM PDT

IBM Takes Lead to Form Collective E-marketplace
Jun 08 2000 11:36 AM PDT

Tech Titans to Launch Powerful Net Marketplace
Jun 06 2000 06:25 PM PDT

 PROFILE
Seagate Technology knows that if you want to survive in the storage market, you'd better have drive. The company is a leading independent maker of storage drives for computers. It makes disk and tape drives used in systems ranging from personal computers to high-end servers. Seagate, which sells primarily to manufacturers, also develops business intelligence software. It has been using complementary investments and acquisitions to expand, and has used personnel cuts and facility consolidation to battle an industry slump brought on by falling PC prices. The company was taken private in a complex deal led by Silver Lake Partners and Texas Pacific Group in 2000.

 COMPETITION
International Business Machines Corporation (IBM)
Maxtor Corporation (MXO)
Western Digital Corporation (WDC)

 DEALS
Deal: Procom and Seagate Forge Alliance
Date Announced: 03.22.01
Value of transaction (US $Mil): 0
Description: Procom will use Seagate's disk drives in its NetForce data storage servers.

Search all deals for this company

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 6,448.00
1-Yr. Sales Growth: (5.2)%
Employees: 60,000
Revenue per employee: $107,466.67

 KEY PEOPLE
• Stephen J. Luczo
    CEO
• Charles C. Pope
    CFO

 CONTACT INFO
920 Disc Dr.
Scotts Valley, CA 95067
US
Phone: 831-438-6550
Fax: 831-438-7205
Online: Web Site

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