Seagate Technology Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Seagate Technology

STX 285.27

+0.9%

Dec 24 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BuzzVA who wrote (4669)	2/11/1998 9:44:00 AM
From: Stitch	Read Replies (1) of 7841

BuzzVA, Seagte's investments in software companies followed the arrival at Seagate of Steve Luczo as V.P. Business Development. Seagate's acquisitions of CDC, Archive, and Conner all were in the OEM device business (hence low margin). The press releases at the time the software investments were made muttered something about synergy with data storage but I have always felt it was a margin play. As for revolution vs. evolution Seagate has never had a large legacy of disk drive design innovation frankly, aside from the ST506 which was truly different (years ago). There acquisition of CDC sent them in that direction, but more recently they missed the curve again. I think they are trying to strengthen that with the establishment of a research center last year. Best, Stitch

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next