Analysts: Seagate Looking to Acquire NAND Source

malware · Jun 25, 2008

Industry insiders reported yesterday that Seagate, the largest hard disk drive manufacturer, might be planning to take a big stake of a NAND manufacturer. Analyst Daniel Amir of financial advisory/asset management firm Lazard assumes that Seagate Technology may buy out Intel's 49% stake in IM Flash Technologies - a joint venture company between the microprocessor giant and Micron Technology. If true, Seagate will afford to pay as much as $2 billion and seal the deal. Such deal would help the company to go deep into the rapidly growing SSD and flash storage market. On the counter side, it would require Micron to agree to lose Intel as its partner. That's also one of the reasons why other flash industry watchers, are lead to believe that Seagate may be looking for a deal with flash chip makers Hynix and SanDisk instead.

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lemonadesoda · Jun 25, 2008

I wonder how many more years HDD will survive? We probably wont be able to buy magnetic platter HDDs in 10 years time. Storage technology will have moved elsewhere. Whatever happened to new optical storage technology, ie 3D? Havent heard much about that in a while either.

Haytch · Jun 26, 2008

Hmm, i wonder whom Micron would prefer to have; Seagate or Intel. Both companies have their negative and positive aspects. I will be following this situation closely.

Processor	Intel Core 2 Quad Q6600 G0 VID: 1.2125
Motherboard	GIGABYTE GA-P35-DS3P rev.2.0
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Video Card(s)	Colorful iGame Radeon HD 4890 1 GB GDDR5
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System Name	_Speedforce_ (Successor to Strike-X, 4LI3NBR33D-H, Core-iH7 & Nemesis-H)
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Mouse	Razer Copperhead + R.A.T 9
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Analysts: Seagate Looking to Acquire NAND Source

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lemonadesoda

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