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Seagate buys Maxtor for $1.9B

Posted by CmdrTaco on from the always-was-more-of-a-western-digital-man-myself dept.

groovy.ambuj writes "Reuters reports that Seagate Technology would buy rival computer disk-drive maker Maxtor Corp. for $1.9 billion. Seagate is already world's largest hard drive manufacturer and Maxtor is the third largest after Seagate and Western Digital."

5 of 458 comments (clear)

  1. Question by 0xdeadbeef · · Score: 5, Funny

    Is that like, $1.9 x 10^9 or $1.9 x 2^30?

  2. Re:Dude, get over it by Zebadias · · Score: 5, Funny

    "I look at a hard drive like most people look at a roll of toilet paper. I use it, it serves its purpose, it gets discarded. The data on it, however, is nearly sacred, and I take every precaution I can afford to protect mine."

    You sir, value crap far too much!

  3. Actually by ats-tech · · Score: 5, Funny

    The purchase price was $2.9B with a $1B mail in rebate.

  4. Re:Hard Drive Voodoo? by gr8_phk · · Score: 4, Funny
    "There is a reson they have a 5 year warrenty and Maxtor only has a 1 year."

    So now all the Seagate drives that failed quality control can finally be sold anyway - under the Maxtor brand.

  5. Re:Hard Drive Voodoo? by croddy · · Score: 4, Funny
    What I'd like to ask slashdot readers is for a good way to measure drive quality other than throwing down chicken bones and looking at them or reading tea leaves?

    I think the real question here is: did Seagate buy Maxtor for $1,900,000,000 . . . or for $2,040,109,465??