As we already reported yesterday, taking a story from the Wall Street Journal, Seagate acquired the division of Samsung storage for a total of 1.375 billion dollars paid half in cash and half in shares of Seagate. The sale was also an opportunity to make additional agreements between the two realities: It 's been extended and improved the existing arrangement of cross-licensing of patents' signed an agreement for the supply of NAND flash from Samsung and Seagate will use in its SSD enterprise, hybrid discs and other products' signed an additional supply agreement under which Seagate will provide Samsung drives for PCs, notebooks and consumer electronics devices of the latter The sale is expected to close by the end year leaving only tire main players: Western Digital, Seagate, and Toshiba.
- Samsung HD Unit Bought By Seagate (19/04/2011)
- Samsung Inks $1.375 Billion Deal With Seagate On HDD Operations And More (19/04/2011)
- Seagate to buy Samsung's hard disk drive business (19/04/2011)
- Summary Box: Seagate-Samsung hard drive deal (19/04/2011)
- Seagate to buy Samsung's hard disk drive business (19/04/2011)
No comments:
Post a Comment