Seagate’s so-called “hybrid” solutions have been around for a while, successfully combining the capacity of a hard drive with the speed of an SSD.  Their new SSHD series takes this mantra to the next level by increasing efficiency while also incorporating a number of significant upgrades.

Following their press releases issued on May 23, 2012 and June 14, 2012, Seagate Technology plc (NASDAQ:STX) and LaCie S.A. (Euronext:LAC) announced today the completion of the purchase by Seagate of all of the shares of Philippe Spruch and his affiliate, representing 64.5% of the outstanding shares of LaCie for a provisional price of €4.05 [...]

During yesterday’s earnings call Seagate did not announce the acquisition of OCZ as rumoured, though without naming specifics the company’s CFO said Seagate would be looking to acquire an SSD manufacturer. “We look at all technology product providers (for M&A) but what I would say is that on the enterprise SSDs, there’s probably only one [...]

Bright Side of News is reporting that the rumoured Seagate-OCZ deal will finalize on July 30, in time for Seagate’s earnings call. Theo Valich, BSN*’s editor-in-chief, reports that the “deal is done”, citing sources close to the matter. BSN* says this deal could reach the $1 billion mark, if it clears through the leviathan of [...]

Seagate announced Thursday afternoon that its board of directors has authorized a plan to buy back $2.5 billion of the company’s common stock, increasing the company’s total current buyback authorization to $3.5 billion. The buyback amount is equal to approximately 18% of Seagate’s market capitalization. “The repurchase authorization reflects the confidence that the Board and [...]

By perfecting its proprietary heat-assisted magnetic recording (HAMR) technology, dramatically increasing the density of bits per square inch of platter, Seagate says it can offer 60 TB hard drives by the end of the decade. Contemporary 3.5 inch drives have a density of approximately 620 gigabits per square inch; laptop drives have a density of [...]

Monster Digital, a leading innovator and developer of advanced memory storage solutions, today announced it is teaming with Seagate Technology, a global leader in hard disk drives and storage solutions, to make it easy to upgrade laptop and desktop PC storage to Seagate’s Momentus XT solid state hybrid drive (SSHD). With the new Monster Digital [...]

Seagate has completed a $1.4 billion cash and stock options deal to acquire Samsung’s hard drive division. The deal would see Samsung license flash memory technology to Seagate for use in solid state drives (SSD), and Samsung buying hard drives from Seagate for use in its consumer computer division. This transaction was announced in April [...]

Citing a need to “align to current Industry standards”, Seagate has announced it intends to reduce warranty periods on its hard drives, matching a move done by competitor Western Digital. According to The Register, which first broke the story, Seagate’s warranties will be reduced as of December 31, while Western Digital will follow suit on [...]

In late October, Hardware Canucks reported that retailers were raising their prices on Hard Drives because flooding in Thailand had shutdown a number of key production facilities. Now, Seagate’s CEO is forecasting that it could take up to a year for the industry to return to pre-flood production levels. Two of Seagate’s main competitors – [...]