Computer disk drive maker Seagate Technology said Monday that it would cut about 6,400 jobs after it completed its purchase of competitor Maxtor Corp. for $1.9 billion. About half of Maxtor’s 12,800 ...

With Maxtor being under financial pressure over the past couple of years due to a string of quarterly losses and manufacturing problems which resulted in having to shut down production for a short ...

Seagate Technology Inc.’s purchase of rival Maxtor Corp. would give the world’s largest hard drive maker a commanding presence in a fast-growing but rapidly changing market. The $1.9-billion all-stock ...

Add articles to your saved list and come back to them any time. Seagate Technology will buy rival Maxtor for $US1.9 billion ($A2.58 billion), in a deal aimed at ...

Seagate (NYSE: STX) and Maxtor (NYSE: MXO) today jointly announced they have entered into a definitive agreement under which Seagate will acquire Maxtor in an all stock transaction. Under the terms of ...

Seagate has announced plans to acquire longtime rival Maxtor in an all-stock transaction valued at US$1.9 billion. Under the terms of the agreement, which has been unanimously approved by the boards ...

Seagate, which closed its acquisition of Maxtor in May, will continue to use both the Seagate and Maxtor brands, with each having its own identity for a particular range of products, said Marc ...

Stephen Shankland worked at CNET from 1998 to 2024 and wrote about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D ...

SCOTTS VALLEY, Calif. — October 2, 2006 — Seagate Technology (NYSE:STX) today announced the availability of new Maxtor-branded desktop and notebook PC hard drives to the worldwide distribution channel ...

Storage giant Seagate is buying rival Maxtor, in a deal worth $1.9bn (£1.08bn). The two companies announced the deal on Wednesday morning. Maxtor's board of directors has already accepted the offer, ...

I'm shopping for a new hard drive and don't want to spend too much. i found a seagate 7200 60gb and maxtor 7200 60gb both 130ish cdn dollars. i don't know the models. i had a maxtor that's dying not ...

Following on from reports earlier this morning, Seagate and Maxtor have issued a joint press release confirming that Seagate will be acquiring Maxtor. The all stock transaction will see Seagate ...