Download Seagate Logo – Seagate Technology ( NYSE : STX ) is a leading manufacturer American of hard drives , founded in 1979 and based in Scotts Valley , California . The company is registered in the Cayman Islands . Their hard drives are used in a variety of computers , from servers , desktops and laptops to other consumer devices such as PVRs , console Xbox from Microsoft and the online Creative Zen of digital audio players . Seagate was the largest manufacturer of computer hard drives in the world, lost place following the purchase of the storage division of Hitachi by Western Digital , and the oldest independent manufacturer still in business.
Seagate Technology was founded by Alan Shugart (after the year off following his dismissal of Shugart Associates ) and Finis Conner . Its first product, launched in 1980 , was the ST-506 , the first hard drive that matched in shape factor of 5.25 inches of the (then famous) unit of “mini- floppy “Shugart. The unit was a success that followed the release of a version of 10 MB , the ST-412 .
Throughout the 1980’s, Seagate mainly sold simple derived units (and improved) the original design of ST-506: the unity of ST-225 20 MB and 40 MB ST-251 were the best sellers of the time , but also launched faster drives that used the technology voice coil . Because of this, Seagate drives were considered cheap and unreliable, a not entirely undeserved reputation for using stepper motors to position the heads of Physicians ST-225 and ST-251. However, Seagate drives were held in more esteem than the competition (mainly MiniScribe , but also Microscience , Rodime , Tandon and Kalok ). Seagate finally abandoned designs with stepping motors in the early 1990s: ST351A / X, a strange unit of 40 MB that could run either on a bus ATA as an XT , its latest product was to use a motor step by step.
Finis Conner left Seagate in early 1985. After a failed attempt to start their own business and a brief stint as CEO of CMI in 1986 founded Conner Peripherals , which originally specialized in units of small form factor laptop. Conner Peripherals also entered the market for tape drives with the purchase of Archive Corporation . After ten years on their own, Conner merged with Seagate in 1996 .
In 1989 , Seagate entered the market of high performance drives with disk storage division MPI / Imprimis of Control Data . This gave him access to patents for production of records CDC and technology voice coil and the first drives at 5,400 RPM marking (the CDC Elite series). In 1992 , Seagate introduced the Barracuda , the first commercial hard disk with a rotational speed of 7,200 RPM. This one was modeled Cheetah (the first unit to 10,000 RPM) in 1996 and the X15 (15,000 RPM) in 2000 . They also presented the series Medalist Pro 7200, the first units to 7,200 RPM ATA in 1997 . In 2005 , Seagate began marketing pocket hard drives . Seagate has the largest surface storage densities (number of bits stored per square inch) of industry and technological supremacy uses this to make faster drives.
On December 21, 2005, Seagate confirmed the acquisition of rival brand of hard drives Maxtor . This agreement for the purchase of all shares is valued at 1,900 million dollars. The firms claim that the operation represented an increase of 10 to 20% in earnings per share after the first full year of operation set. Seagate says the combined company will save about $ 300 million in operating expenses after the first full year of integration. The operation was completed in May 2006.
In April 2011 Seagate completed the acquisition of the division of Samsung hard drives. Seagate Samsung will provide the chips needed for their units, while Seagate hard drives to provide computers, notebooks, and other systems from Samsung. Most important of this arrangement is that Samsung makes solid state drives and this purchase will allow Seagate to access that technology. The adoption of SSD drives has gained momentum in a slow but consistent, and sales volume is increasing. Conventional hard drives have reached a minimum of historical cost, which has placed great pressure from competitors.