Seagate buys Maxtor for $1.9B

Blogged under Hardware News by Dr. Byte on Wednesday 21 December 2005 at 6:15 pm

Reuters reports that Seagate Technology would buy rival computer disk-drive maker Maxtor Corp. for $1.9 billion. Seagate is already world’s largest hard drive manufacturer and Maxtor is the third largest after Seagate and Western Digital.

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