Maxtor Corporation makes 3.5" hard disk drives for PCs. Its
DiamondMax line boasts storage capacities of up to 11.5 gigabytes (or
more than 2,000 copies of Shakespeare's complete works). Maxtor sells
its products to original equipment manufacturers, including Compaq
(21% of sales), Dell (10%), and IBM; to distributors such as Ingram
Micro; and through retailers such as Best Buy and CompUSA. The
company, which has manufacturing facilities in Ireland, Singapore, and
the US, is also building a factory in China. Maxtor is owned by Hyundai
Electronics America (HEA), a subsidiary of struggling South Korean
industrial group Hyundai.
Shares offered (mil.): 47.5
Post-offering shares
(mil.): 91.5499
Offering amount
(mil.): $451.3
maxtor.com |
