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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."

2 of 458 comments (clear)

  1. Maxtor shareholders are upset by Anonymous Coward · · Score: -1, Redundant

    They thought they were getting $2,040,109,465.6 dollars, not $1,900,000,000.

  2. $1.98?? by andrew_j_w · · Score: 0, Redundant

    Whoops, I just misread that headline as "Seagate buys Maxtor for $1.98". Puts a whole new spin on the story!

    At that price, I'll take 5 Hard Drive manufactures!