Seagate agrees to buy Samsung's HDD unit in $1.4 billion deal

By Jos
Apr 19, 2011
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  1. It's official: Samsung Electronics will sell its hard disk drive business to U.S.-based Seagate Technology, in a move that will help the company focus on more profitable areas such as next-generation displays, NAND chips and solar cells. As part of the 'broad strategic alignment' announced this morning, Samsung will get $1.375 billion in cash and stock for combining its hard disk drive operations into Seagate, receiving equity ownership of about 10% in the world's second largest hard drive vendor and enhancing the current patent cross-license agreement between the two companies.

    Read the whole story
  2. It is sad to see this. Samsung drives are awesome Seagates are not so much. Well lets hope the crosspaptents they are sharing means Seagate will use all of Samsungs HDD tech and make better drives.
  3. Well that's a pretty lady right there.
  4. I just bought a samsung hdd; they better honor the warranty...
  5. What will happen with the waranty if i buy a Samsung HDD right now ????

    Can anyone explain to me ?
  6. howzz1854

    howzz1854 TechSpot Maniac Posts: 585   +79

    great!... letting seagate come in and crapping on the Spinpoint drives. this sucks!!. now all the spinpoint drives are gonna have reliability rating of 0. just while i thought i was done with seagate, they pull me back in!
  7. madboyv1

    madboyv1 TechSpot Paladin Posts: 942   +42

    Well, until Seagate takes over the production lines, they'll still be samsung drives. Even still, if the production lines are separate, seagate will continue to manufacture those drives on the same lines as well if they keep the brand alive... They did kill off all the maxtor internal HDD lines quite quickly, and later rebranded a couple maxtor external drives.

    I just hope Seagate realizes Samsung has been making drives better and will learn something from them in this aquisition (probably not).
  8. Timonius

    Timonius TechSpot Booster Posts: 573   +31

    Is this Samsung's subtle way of saying it's time to move away from traditional mechanical hard drives altogether and just go solid state?


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