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PCB | December 22, 2005

Seagate to acquire Maxtor

According to Reuters Hard Disk drive maker Seagate is acquiring Maxtor for $1.9 billion in stock.

According to Reuters the two companies will by sharing expenditure on R&D operations extend its range of products and by operating more efficiently obtain cost savings of $300 million per year.
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May 21 2019 9:58 pm V13.3.9-2