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View Full Version : Seagate to buy Maxtor for $1.9 billion in stock


MacBytes
Dec 21, 2005, 10:48 AM
http://www.macbytes.com/images/bytessig.gif (http://www.macbytes.com)

Category: 3rd Party Hardware
Link: Seagate to buy Maxtor for $1.9 billion in stock (http://www.macbytes.com/link.php?sid=20051221114802)

Posted on MacBytes.com (http://www.macbytes.com)
Approved by Mudbug

iGary
Dec 21, 2005, 10:48 AM
Thank God.

Maybe the world will be a quieter place.

yellow
Dec 21, 2005, 11:18 AM
Maybe the world will be a quieter place.

LOL.

Let's hope that everything that is Maxtor gets thrown on the trash pile.

Randall
Dec 21, 2005, 12:10 PM
LOL.

Let's hope that everything that is Maxtor gets thrown on the trash pile.That's just what I was thinking. A bad thought would be if Seagate continued to keep the Maxtor name and HD models for low end markets, but even worse then that could be that Seagate just slaps a Seagate sticker on Maxtor-quality HDs *shudder* Let's hope that all they do is blow up the Maxtor factories, and continue to make Quality and Quiet a priority. Thank you Seagate. :)

Paul O'Keefe
Dec 21, 2005, 04:16 PM
I don't get it.

Seagate = quality, quiet, good warranties

Maxtor = cheap, bad quality, more noise, and crappy warranties

I hope this doesn't mean seagate's quality goes down.

~Shard~
Dec 21, 2005, 04:28 PM
I agree, I hope Seagate's quality doesn't suffer as a result. They make some of the best drives in the business, whereas Maxtor is essentially the opposite. They better keep their 5-year warranty as well. I'll trust them to know what they're getting into... ;)

yellow
Dec 21, 2005, 04:31 PM
The deal, unanimously approved by the both companiesí boards of directors, will give Seagate shareholders control of about 84 percent of the combined company, they said. If the transaction receives the approval of shareholders and regulators, it should close in the second half of 2006, the companies said.

What is going on here that we don't know? Surely the BoD of Seagate knows that Maxtor products are pile of fecal matter?

2GMario
Dec 21, 2005, 08:47 PM
i dont see what the problem is here

i've used maxtor hard drives, quite often and i have never had problems with them, ide, sata, etc...

sure, their a little noisy, but the G5 turns it off when its not needed.

on the other hand, i've had / seen seagate drives fail under normal circumstances.

what ever, i find its hit or miss with hard drives, some are good, some are bad.

-Mario

yellow
Dec 22, 2005, 07:37 AM
Everyone has their own opinions on hard drives.. and they really vary.

In 11 years as an IT professional, I've never had a Seagate fail on me.
I've had a HUGE pile of Western Digitals die on me.
A slightly smaller pile of Maxtors.
IBM Deathstars.. don't even get me started.

Stridder44
Dec 24, 2005, 09:55 AM
Ya I've seen quite a bit of drives myself and can't notice a difference or pattern in which one is better than the other...

840quadra
Dec 24, 2005, 10:01 AM
Yay Seagate!

840quadra likes seagate as seagate brings good jobs and money to my local area :)

Unless they move away :(