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    Seagate buyout talks underway

    Discussion in 'Hardware Components and Aftermarket Upgrades' started by talin, Oct 15, 2010.

  1. talin

    talin Notebook Prophet

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    According to DailyTech today, Seagate is currently in talks to be purchased by a private buyer.

    Read more here.
     
    talin, Oct 15, 2010
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  2. nikeseven

    nikeseven Notebook Deity

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    Any rumors as to who? Perhaps an SSD manufacturer who wants the Seagate name?
     
    nikeseven, Oct 15, 2010
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  3. SoundOf1HandClapping

    SoundOf1HandClapping Was once a Forge

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    Well, in another link in the article, it looks like Samsung and Seagate are teaming up for SSDs, with Seagate providing the controller and Samsung providing the NAND.

    I'm wondering as to what the impact on the consumers would be if the acquisition goes through. Do we no longer see Seagate drives for consumers like us?
     
    SoundOf1HandClapping, Oct 15, 2010
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  4. talin

    talin Notebook Prophet

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    @Forge, that's kind of what they make it sound like, atleast to me.
    Going from one of the world's leading hard drive manufacturers to providing controller chips for a third party's SSDs is quite a reduction in their business operation, yes?
     
    talin, Oct 15, 2010
    #4