Wednesday, July 27, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Adds Artificial Intelligence Elements To New Smart Camera App
Xiaomi Announces Redmi Pro OLED Smartphone And Mi Notebook Air Laptop
Future Apple Stylus Could Operate as a Joystick
Twitter's Video Advertising Expansion Remains Slow
LG Display Invests KRW 1.99 Trillion in Flexible OLED Display Production
Nintendo Reports First-quarter Loss
Samsung To Release HDR+ Firmware Update for 2016 SUHD TVs
Apple To Invest In AI And AR As iPhone Sales Keep Declining
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 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
Seagate Unveils 10TB Helium Enterprise Drive
Seagate Launches 8TB NAS HDD
Seagate Launches World's Thinnest 2TB Mobile Hard Drive, New Lacie And Porche Design Desktop Drives

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 .