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[Stumpokapow]

Hot on the heels of WD's acquisition of Hitachi's HDD production, Seagate just bought Samsung's HDD unit.

Remaining manufacturers:
Toshiba (incl/ Fujitsu)
Seagate (incl/ Samsung, Maxtor)
WD (incl/ Hitachi)

Source

SCOTTS VALLEY, CALIFORNIA (BNO NEWS) -- Seagate Technology Plc on Tuesday announced its agreement to acquire Samsung Electronics Co.'s hard disk drive operations for approximately $1.375 billion.
Under the terms of the agreement, Samsung will receive 50 percent of Seagate's ordinary shares - 45.2 million shares valued at $687.5 million, which is approximately 9.6 percent ownership of Seagate - and the remaining 50 percent in cash.

In addition, the agreement will expand the strategic relationship between the two companies, as Samsung will be providing Seagate with a NAND flash memory for its solid state drives, solid state hybrid drives and other products.
Meanwhile, Seagate will supply disk drives to Samsung for PCs, notebooks and consumer electronics.
"With these agreements, we expect to achieve greater scale and deliver a broader range of innovative storage products and solutions to our customers, while facilitating our long-term relationship with Samsung," said Steve Luczo, Seagate chairman, president and CEO.
The transactions, which are expected to close by the end of the year, are still subject to customary closing conditions, including review by U.S. and international regulators.

The emerging SSD marketplace should at least add a little competition into the mix. Lots of new players in solid state. But still, 3 firms with a near-100% marketshare in such a critical component... Yikes.

 

[From The Dust]

as long as Seagate has the quality of Samsung's HDDs, I don't care. I'm not ready to make the jump to SSDs just yet

 

[lupinko]

Daymn, reminds me of Canadian Telecos triopoly.

 

[navanman]

I remember hearing from colleagues working in Seagate that Samsung was the company they most feared. They had the best technology, best GB per platter & lowest cost.

Good way to fix all that. The margins must have been too small for Samsung to sell up.

 

[Drkirby]

I remember hearing from colleagues working in Seagate that Samsung was the company they most feared. They had the best technology, best GB per platter & lowest cost.

Good way to fix all that. The margins must have been too small for Samsung to sell up.

Now to lay off everyone in the Seagate HDD branch!

 

[Dreams-Visions]

as long as Seagate has the quality of Samsung's HDDs, I don't care.

they don't.

 

[skybaby]

Hot on the heels of WD's acquisition of Hitachi's HDD production, Seagate just bought Samsung's HDD unit.

Remaining manufacturers:
Toshiba (incl/ Fujitsu)
Seagate (incl/ Samsung)
WD (incl/ Maxtor, Hitachi)

Source



The emerging SSD marketplace should at least add a little competition into the mix. Lots of new players in solid state. But still, 3 firms with a near-100% marketshare in such a critical component... Yikes.

Doesn't maxtor belong to seagate not wd?

 

[Jocchan]

Please don't tell me they'll add that annoying sleep feature to Samsung external HDDs too.

 

[Megadragon15]

I wonder how long will it take for either Seagate or Western Digital to buy out Toshiba's hard drive division. Scary stuff.

 

[Boonoo]

Samsung HDDs were great D:
Sad to see Seagate take them over.

 

[zon]

Hmm, not sure how I feel about this.

 

[Stumpokapow]

Doesn't maxtor belong to seagate not wd?

Yep, I popped it in the wrong place, whoops.

 

[FLEABttn]

There's no way this won't end well. I mean, how could it? When has reduced competition ever let us down?

 

[Aklamarth]

Please don't tell me they'll add that annoying sleep feature to Samsung external HDDs too.

I fucking hate that "feature"....

 

[tehbear]

FML.

The two manufacturers with the most reliable consumer-grade drives capable of doing RAID is now gone. Now we have to pay 3 times as much for WD/Seagate to add a setting so we have devices capable of not dropping out of RAID.

It's always the good guys.

 

[Tworak]

it's a sad day

 

[tycoonheart]

Friggin Seagate sucks, I've had so many of their HDs go bad. Happened this past weekend. Was installing WHS 2011 in my server box, took out all the HDs except the OS one. Installed. Put the drives back, and the Seagate one doesn't work anymore.

 

[theBishop]

Spinning magnetic disks are the past. NAND is the future.

This isn't really market consolidation, Samsung is just selling their bag of shit while it's still worth something.

 

[Invisible_Insane]

The market... it's so free.

 

[Lesiroth]

Spinning magnetic disks are the past. NAND is the future.

This isn't really market consolidation, Samsung is just selling their bag of shit while it's still worth something.

Because you can get 1TB of storage for less then a $100 with NAND, right?

 

[diehard]

Samsung F3's are great, hope this doesn't effect future ones.

 

[From The Dust]

Samsung F3's are great, hope this doesn't effect future ones.

from the sound of it, they won't be making them anymore.

 

[falconzss]

Sad news, i never experienced any problems with my Samsung HDD's over the last decade and they were well priced. Seagate...oh my...

 

[Mudkips]

Remaining manufacturers:
Toshiba (incl/ Fujitsu)
Seagate (incl/ Samsung, Maxtor, Quantum)
WD (incl/ Hitachi)

How dare you forget the awesome power and speed of the Quantum Fireball!

 

[nubbe]

Will WD swallow Seagate or will Seagate swallow WD?

At least we still have Toshiba for 1,8" drives... yaaay

 

[norinrad]

man and i was wondering what became of Seagate, I thought they had gone out of business years ago

 

[Megadragon15]

How dare you forget the awesome power and speed of the Quantum Fireball!

http://i.imgur.com/ZQ3Fj.gif[IMG][/QUOTE]
If you want to remember Quantum, you should also remember the awful Quantum Bigfoot.

 

[nubbe]

Bigfoot is the real shit

 

[Mudkips]

If you want to remember Quantum, you should also remember the awful Quantum Bigfoot.

I think you misspelled "glorious".

 

[SuperSonic1305]

I just bought a Samsung HDD last week.

 

[Dreams-Visions]

I just bought a Samsung HDD last week.

you have excellent taste.

 

[Jocchan]

I fucking hate that "feature"....

The terrible part is that you can't fucking disable it.
You want to access the filesystem? Get ready to wait 5-30 seconds with the windows not responding if the HDD is sleeping...