Seagate buys Maxtor for $1.9B

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."

Comments

Question

[0xdeadbeef]

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

Re:Dude, get over it

[Zebadias]

"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!

Actually

[ats-tech]

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