Most Popular
| Top Stories | Latest | Featured |
Mozilla freezes feature set for Firefox 3.1
Weekend open forum: Download accelerators and managers, are they still relevant?
Microsoft takes VMWare head on
Windows 7 to tone down UAC prompts
Seagate preparing enterprise SSDs for 2009
Wal-Mart rescinds decision to shut down DRM servers
TechSpot RSSIT
Seagate is Forbes company of the year 2005
We heard earlier this month that Seagate would, over the course of the next year, be absorbing Maxtor and all its facilities. Now, after the very high increase in stock that news brought and higher than average revenues, Forbes has listed Seagate as their company of the year for 2005. With nearly a billion in net profit the last year, Seagate grew an incredible amount, even while hard drives prices per gigabyte dropped dramatically. Seagate offers products to all lines from entry level PC, office and home, enthusiast and enterprise, giving them lots of wiggle room. How the takeover of Maxtor will affect them in the long run we won't be seeing for a few years yet. Full article here.
Related Stories
User Comments (28)
Post a comment| nathanskywalker on December 30, 2005 7:52 PM | You know what, hec yeah! all for it. Better quality, better prices! I think both will accompany Seagate's growth. personally i think they have some of the hardiest drives in existence, all that and for reasonable prices.
| |
| Rage_3K_Moiz on December 30, 2005 8:21 PM | I love Seagate. Fantastic company and long-lasting drives which give superb performance. And, as nathanskywalker said, for reasonable prices. And they're acquiring Maxtor, which speaks volumes about their re****tion.
| |
| Eleventeen on December 30, 2005 9:19 PM | This is cool. Seagate really deserves this. These people probably make the best hard drives out there, and they are expanding alot. That will make prices drop, and make more people buy their products. I hope Seagate will be the best company out there for hard drives, if they aren't already.
| |
| DragonMaster on December 30, 2005 10:12 PM | I can see that Seagate seems good but my only Seagate drive died for no reason while my Quantums died because they were dropped, etc. Maxtors had a lot of mfg. defects and my only WD seems really good.
Note that my Seagate was a 400MB OLD thing. Were they reliable back then?
| |
| Rhianntp on December 30, 2005 11:28 PM | I work at Office Max and recently we started carrying seagate products. I must say their line up of internal drives is awesome. The 250 and 300 GB especially. Having 16mb cache and great access times. It's no wonder they won this award.
| |
| otmakus on December 31, 2005 12:07 AM | And lately, Seagate starts launching hard drives with 5 years warranty, that tells us they're confident with the quality of their drives. I just hope they don't get too big and start forgetting about their consumers, like MS does in OS world.
| |
| cyrax on December 31, 2005 12:38 AM | Cheers seagate! another year of blessing us with stable affordable storage. can't wait for 2006
| |
| zephead on December 31, 2005 12:59 AM | NOOOOOOOO!! maxtor rules them all. if they kill off the maxtor lines or make them worse i will be seriously disappointed.
| |
| realblackstuff on December 31, 2005 3:06 AM | Back in the days of the first IBM PC's, those with the 8088 or 8086 processor, Seagate produced the famous 20MB (that's TWENTY MEGAByte!) model ST125 harddisks.
They were twice the size of todays harddisks, but boy, were they sturdy! Friend of mine has one in his vintage IBM-PC and it is still working perfectly! My second PC sported an 80MB Seagate HD, and I was King of the Heap! I dabbled with Quantum disks for a while and fell in the death-trap of IBM's DeathStar HDs. Since then I changed back to Seagate and am very happy with their Barracudas. GO, Seagate, GO!
| |
| Handyman on December 31, 2005 5:04 AM | The fact of the matter is that ALL hard drives can break down no matter who makes them. WD is not as good as its re****tion sais. Seagate is expanding rapidly and that's why they got number one in Forbes. But still I will never forgive Seagate for killing Maxtor. Less manufacturers=Higher prices.
| |
| dbuske on December 31, 2005 5:33 AM | I never had a seagate drive go out on me. I only replace them if Seagate has newer faster technology.
I bought 1 maxtor and it went south in less than 6 months.
| |
| kokomen on December 31, 2005 7:04 AM | I think this kind of thing doent help us too much. As handyman said, its mean higher prices, though, if seagate wants continuing been the bigger seller, i dont think that bigger prices help them to go on this way.
| |
| robikewl on December 31, 2005 8:33 AM | Guess, this was coming.
I had a Seagate on my first PC, about 9 yrs now. Still working like a dream. Don't know what will happen after the aquisition. Hope the quality does not drop.
| |
| mentaljedi on December 31, 2005 9:44 AM | Seagate is getting good and has brilliant quality. But so has GOogle and look wats happenig to them: Hack and SUe dot com!
| |
| DragonMaster on December 31, 2005 1:44 PM | Kewl, seems that Seagate is pretty good.
Oh, and I had an other Seagate, a 32MB one. Failed one day, with all the data on it... :cry:
| |
| vigilante on December 31, 2005 3:19 PM | Oh no, I sure hope that CRAP Maxtor doesn't leek its poison into the Seagate line. I'd be really dissapointed if Seagate learns anything from Maxtor, it'll take them right downhill.
I hope they are absorbing Maxtor to get RID of them!
| |
| PUTALE on December 31, 2005 3:40 PM | seagate really is on a roll. I remember like few years ago, they had huge problem with their HD. Now they are the No1 maker of the HD (and No1 in my choice). With the accqusition of Maxtor, Seagate is prone to be bigger than ever. Let's hope that they keep up with their product and services.
| |
| luvhuffer on December 31, 2005 3:57 PM | I have used Maxtors exclusively for a while now. I have found them to be relatively trouble free except for one ocasion when the Maxtor died after 2 months. The faulty 80GB drive was replaced with a 120GB model. If nothing else, Maxtor knew how to take care of business. The business model trend seems to be to buy the competition then kill them off. Obviously re****tion alone didn't cut it for Seagate. I suspect the earlier posters worry of less competition = higher prices will be the net result. Nothing I can do about it but to wish them luck.
| |
| Crofty74 on December 31, 2005 6:43 PM | I like seagate drives and I was fortunate to have got lucky and missed them in a bad year it seems.
This last 9 months I have had trouble getting my hands on the seagate drives with the specs I would have liked to have put into people PC's, they seem to come into stock and straight back out again, so Ive been opting for the Maxtor ones instead, which have been fine (so far).
| |
| raystorm on December 31, 2005 7:03 PM | I'm in the process of building a new pc (I've picked out most of the parts) and I've been eyeing one of Seagate's Barracuda drives (the .8 series since they are pretty cheap now). I've never owned a seagate drive but I know of their re****tion. Right now my Samsung drive has a bunch of bad sectors so I have to pick a drive soon and it could be Seagate drive.
| |
| Rhianntp on December 31, 2005 11:02 PM | Originally posted by otmakus:
I knew I forgot something! yes the 5 year warranty
| |
| boril on January 1, 2006 1:28 AM | I owned hard drives made by all manufactures without single problem , but also I know for hard drives made of all manufactures which stop working without any reason. Some of my friends thought that after Maxtor bought Quantium - their drives quality suffer because of the problems which Quantium had with it's own latest drives at that time. The latest case with faulty drive was with my friend's 80GB Seagate SATA (I own same too  ) suddenly stop working - he succeed to return it for life, when he remove the hard drives controller plate and cleaned oxidation on signal contacs between the plate and the case. I only hope that this deal will be for good :P
[Edited by boril on 2006-01-01 01:33:10]
| |
| MonkeyMan on January 1, 2006 10:56 AM | A goldmine seagate, keep up the good work, and look forward to great things from this company.
| |
| werty316 on January 2, 2006 12:04 AM | I am not surprised by this to the least. I have had an 80GB forlong time and it has been running strong ever since and you gotta love the 5yr warranty.
| |
| vigilante on January 2, 2006 2:00 AM | Alls I know is, since working in a repair shop, 90% of PCs with a dead hard drive are Maxtor. Say what you like, it is simple fact in my neck of the woods.
When a PC comes in with a bad HDD, we take bets that it'll be a Maxtor. And usually is.
|
