Monday, September 26, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Snapchat Introduces 'Spectacles' Camera-equipped Glasses, Changes Company name To Snap
Nvidia GPUs Could Return To Apple Macs
Lenovo Brings Fingerprint Authenticated Payments To Laptops
Report Cites Google, Salesforce Interest For Twitter
Dalian Wanda and Sony Enters Team Up in China Movie Business
Apple Develops Amazon Echo-Style Device
ALD Technology Chosen By Samsung, LG For Flexible OLEDs
TSMC To Use Different Processes And 3D Packages Across Future Design Platforms
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
Seagate Invited ValueAct To Become A Major Shareholder
Seagate Accelerates Enterprise Momentum With 10GB/s PCIe SSD And 60TB SAS SSD
Seagate Introduces New SATA SSD For Enterprise Cloud Applications
Seagate Releases First 2TB M.2 Enterprise SSD
Seagate Unveils 10TB hard Drive Portfolio
Seagate Ups Q4 Outlook, Cuts 6500 Jobs
Seagate To Axe 1,600 Employees
Hitachi Hard Drives Remain The Most Reliable, Report Found
Seagate Now Shipping 10TB Helium Enterprise Drive
Seagate Launches 'Innov8' USB-Powered Desktop Hard Drive
Seagate Demonstrates 10GBps SSD Flash Drive
Seagate Now Shipping 7mm 2TB Mobile Hard Drive

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .