Thursday, July 20, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel Introduces Movidius Neural Compute Stick
TSMC InFO packaging Enters Second Generation
Samsung Display to Provide OLED panels to Xiaomi
Qualcomm Profit Forecast Disappoints Amid Apple Legal Battles
Google Embrace News Feed on Mobile With Personalized 'Feed'
iPhone Manufacturers Accuse Qualcomm of Antitrust Violations
Toshiba Resumed Blocking Western Digital Access to JV Database
Samsung kicks off English-language Bixby Voice Service
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > PC Parts > Seagate...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, December 23, 2013
Seagate to Acquire Xyratex For $374 mln


Seagate Technology Plc said it would buy network and storage equipment maker Xyratex Ltd for about $374 million in cash.

Xyratex has developed a hard disk drive capital test equipment business. The acquisition of this business will strengthen Seagate's vertically integrated supply and manufacturing chain for disk drives and ensure uninterrupted access to important capital equipment. The acquisition also expands Seagate's storage solutions portfolio by adding Xyratex's enterprise data storage systems and high-performance computing business. Seagate will operate this business as a standalone entity and will focus on opportunities to improve and expand the business.

The transaction has been approved by Xyratex's Board of Directors and is subject to customary closing conditions, including review by regulatory bodies and approval by Xyratex shareholders. The transaction is currently expected to close in mid-calendar year 2014.




Previous
Next
Sony Releases Android Jelly Bean For Xperia Z, Xperia ZL, Xperia ZR and Xperia Tablet Z        All News        2014 4K TV Shipments to Rise In China
Acer Appoints ex-TSMC Executive New CEO     PC Parts News      CyberLink YouNote App Offer Handwriting Recognition To Windows 8 PCs and Tablets

Get RSS feed Easy Print E-Mail this Message

Related News
Store More PlayStation 4 Games with Seagate's New 2TB Game Drive
Seagate Delivers 8TB Game Drive Hub for Xbox Gamers
Seagate's Latest Game Drive Released
Seagate And DJI Announce New Portable Drive For Storing Drone Footage
Questions Remain About The Fate Of Toshiba's HDD and SSD Business
Seagate Launches 12TB Enterprise Capacity
Seagate To Focus On New SMR, TDMR And HAMR Hard Disk Technologies
Seagate Introduces Game Drive for Xbox Halo Wars 2 Special Edition
HGST Proved The Most Reliable Hard Disks According To Latest Backblaze Stats
Seagate On Track To Deliver 20TB Hard Drives By 2020
DJI and Seagate Partner to Advance Data Solutions for the UAV Ecosystem
Seagate, SK Hynix To Team Up On Enterprise SSDs

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .