The next day an anonymous source that will advise the prestigious journal "The Wall Street Journal" that Samsung was interested in selling your hard drive division, hoping to raise $ 1.5 billion in capital, Seagate has announced the purchase of the division Samsung hard drives. The news has been announced by Seagate as a "broad strategic alignment" with Samsung, which among other things, Seagate gives full control over the division of Samsung hard drives.
The deal has cost billions Seagate 1375 (with B) dollars (half in stock, half in cash). In terms of the agreement, Seagate agrees to provide hard drives for PCs, notebooks and consumer electronic products from Samsung. Moreover, the agreement extends beyond what relates to hard disks such as Seagate, Samsung will provide technology for semiconductor products NAND Flash chips to produce Seagate SSD, SSD hybrids and other products.
And with that, Samsung is out of the "competition" in the HDD market, but yes, with lots of millions to spend on other issues. In addition, Samsung is currently 9.6% of shares of Seagate, so this suits the growth of Seagate, because in this business go hand in hand. Just before the agreement, Seagate had 29% of the HDD market, just behind Western Digital, a company that saw its market share increased to almost 50% after acquiring the division of Hitachi hard drives for 4.3 billion dollars. 
The deal has cost billions Seagate 1375 (with B) dollars (half in stock, half in cash). In terms of the agreement, Seagate agrees to provide hard drives for PCs, notebooks and consumer electronic products from Samsung. Moreover, the agreement extends beyond what relates to hard disks such as Seagate, Samsung will provide technology for semiconductor products NAND Flash chips to produce Seagate SSD, SSD hybrids and other products.
And with that, Samsung is out of the "competition" in the HDD market, but yes, with lots of millions to spend on other issues. In addition, Samsung is currently 9.6% of shares of Seagate, so this suits the growth of Seagate, because in this business go hand in hand. Just before the agreement, Seagate had 29% of the HDD market, just behind Western Digital, a company that saw its market share increased to almost 50% after acquiring the division of Hitachi hard drives for 4.3 billion dollars.
- Samsung Electronics Sold to Seagate for $1.4 Billion (19/04/2011)
- The Song of Seagate and Samsung (21/04/2011)
- "Seagate buys up Samsung HDD division for $1.375 billion" and related posts (19/04/2011)
- "Seagate To Buy Samsung's Hard Disk Drive Business" and related posts (19/04/2011)
- Samsung HD Unit Bought By Seagate (19/04/2011)
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