Like other storage vendors such as Western Digital and NetApp, Seagate is navigating an uncertain economic environment. …read more Source:: Open Source S
Tag: seagate
Seagate Exos AP 4U100: dual-core Xeon processors and up to up to 1.6 petabytes of storage
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•The Exos AP 4U100 offers the highest density compute and storage in a single system. …read more Source:: Open Source S
Seagate ships world’s highest capacity 3.5-inch enterprise hard drive
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•In an effort to cram more storage into existing rack space, Seagate has released a new 16TB helium-filled Exos X16 hard drives. …read more Source:: Open Source S
Seagate Q3 mixed as hard-disk drive sales decline
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•The company missed third quarter revenue targets. …read more Source:: Open Source S
Seagate satisfies Q2 earnings targets
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•Seagate reported second quarter financial results on Monday that beat market expectations. The hard-disk drive storage provider reported Q2 revenue of $2.72 billion. …read more Source:: Open Source S
Seagate Q4 tops estimates, CFO to depart
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•Seagate said CFO David Morton was stepping down to take on a new role at another company. …read more Source:: Open Source S
Seagate to cut another 500 jobs
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•Seagate’s most recent round of job cuts will result in roughly $64 million in savings on an annual run-rate basis, according to a SEC filing. …read more Source:: Open Source S
Seagate joined Toshiba Memory purchasing party for $1.25b
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•In return for its $1.25 billion investment, Seagate expects to enter into a long-term NAND supply contract with Toshiba Memory. …read more Source:: Open Source S
Seagate Q4 a big miss, CEO Luczo to become executive chairman
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•Seagate’s fourth quarter highlighted price competition amid a storage industry glut for hard drives. …read more Source:: Open Source S
Seagate sees component shortages in flash storage market
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•IT spending looks ok, but component shortages may ding server, cloud service provider and PC demand for solid state storage. …read more Source:: Open Source S