Micron Technology, Inc., and Seagate Technology plc today announced a strategic agreement that establishes a framework for combining the innovation and expertise of both companies. The framework of the agreement will enable customers of the two companies to benefit from a focused approach to deliver industry-leading storage solutions, helping them innovate faster and more effectively

While initially focusing on next-generation SAS SSDs and strategic NAND supply, Micron and Seagate anticipate that this multi-year agreement will extend into future collaboration on enterprise storage solutions featuring Micron NAND flash memory. "As two of our key partners, we look forward to the benefits of this Micron and Seagate collaboration in future NAND flash-based storage technologies," said Mike Kerouac, President of Global Product Operations for EMC Corporation.

"The strategic agreement between Micron and Seagate promises to deliver new and innovative flash-based storage solutions," said Trevor Schick, Senior Vice President, EG Global Supply Chain, HP.

Western Digital Corp. (NASDAQ: WDC) today reported revenue of $3.9 billion and net income of $460 million, or $1.93 per share, for its second fiscal quarter ended Jan. 2, 2015. On a non-GAAP basis, net income was $539 million or $2.26 per share. In the year-ago quarter, the company reported revenue of $4.0 billion and net income of $430 million, or $1.77 per share. Non-GAAP net income in the year-ago quarter was $532 million, or $2.19 per share.

The company generated $243 million in cash from operations during the December quarter, net of the Seagate arbitration award payment of $773 million, ending with total cash and cash equivalents of $4.9 billion. During the December quarter, the company utilized $309 million to repurchase 3.2 million shares of common stock. On Nov. 4, the company declared a $0.40 per common-share dividend, which was paid on Jan. 15.

ADATA also showed off its second attempt at an enterprise SSD, in the 2.5-inch SATA form-factor, the SR1010. Based on a platform originally developed by Seagate (its subsididary SandForce), the drive features the SandForce SF-2581 controller, wired to up to 480 GB of synchronous MLC NAND flash (high-endurance chips, which are branded "ADATA,") and features such as power loss protection, native AES-256 encryption engine, sequential speeds of up to 550 MB/s reads with up to 520 MB/s writes, and an MTBF rated at 2 million hours.

Seagate Technology plc, the pioneer in wireless storage, continues to grow its family of wireless storage solutions with the debut of Seagate Wireless, a 500 GB portable wireless drive designed for streaming and offloading of media from mobile devices. The new Seagate Wireless offers more space to carry everything consumers want on their mobile devices and alleviates the challenge of running out of storage space on smartphones and tablets. Seagate Wireless provides a solution to stream your favorite HD video on your Android Tablet or Smartphone, iPad, iPhone, Kindle Fire, Windows 8 computers and Windows RT tablets.

The new Seagate Wireless drive comes in a range of vibrant colors. There is a color to coordinate with one's wardrobe, mood, or mobile accessories. Available Seagate Wireless color options include lime green, cool blue, slate grey, fire-engine red and white.

Seagate Technology plc, a world leader in storage solutions, today unveiled a high-design ultra-slim external drive that evokes the legacy form factor of 2.5-inch internal hard drives. The new Seagate Seven drive is the slimmest way to carry 500 GB of data, with the name representing the 7 mm depth of the 500 GB drive. The simplicity of the industrial design of the Seagate Seven pays tribute to the roots of computer storage while simultaneously celebrating the latest advancements in storage innovation. The premium all-metal enclosure highlights the essence of a bare hard drive, Seagate's core competency for over 35 years.

"Seagate has been providing the world with storage since the modern origins of computing history," said Mark Whitby, senior vice president of Seagate Branded Group. "Seagate Seven is designed to speak to this history, while looking forward to the future of where storage technology is headed. We believe that Seagate Seven will resonate with those who want the latest trend in mechanical design while inspiring the user to create great experiences and memories."

Avago Technologies (NASDAQ: AVGO) today announced it is expanding its industry-leading family of 12Gb/s SAS Host Bus Adapters (HBAs) by shipping new 16-port solutions. The new 9300-16i HBA will join the Avago family of high port count SAS HBAs. With the versatility of 16 ports using internal or external storage connectivity, 12Gb/s SAS bandwidth, and nearly 2 million IOPS of performance, the Avago SAS 9300 HBA family, which offers 4-, 8- and 16-port options, enables OEMs and system builders to deliver maximum connectivity for high-end servers and storage systems that exceed the most demanding requirements for data centers, web, and cloud.

As part of the industry's broadest portfolio of 12Gb/s SAS storage solutions, the Avago SAS 9300 16-port HBA family is an ideal solution for large scale-out storage requirements. With the Avago SAS 9300 16-port HBA, IT departments can now deploy fewer servers with more available storage ports, which translates into measurable cost savings, reduced data center footprint, and lower power consumption.

Seagate Technology today announced its new Enterprise NAS HDD - a high capacity drive targeting businesses seeking to optimize their computing for performance and reliability using Network Attached Storage (NAS) systems. With enterprise reliability and NAS optimized performance in up to 16-bays, the Enterprise NAS drive is available in capacities up to an industry-leading 6TB, and is designed to perform at high levels even under demanding workloads and in environments that call for global availability and 24x7 accessibility.

"As the industry moves deeper into the cloud era, all businesses need solutions that enable applications to be accessed anywhere at any time," said Scott Horn, Seagate vice president of marketing. "With our portfolio of NAS products, we can effectively target the needs of all types of businesses and scale with them as they grow in size. These drives are tailored to the requirements of businesses, ensuring customers have choices so they are only paying for the features they need."

Seagate Technology plc, a world leader in storage solutions, today announced availability of the ClusterStor Hadoop Workflow Accelerator a new solution providing the tools, services, and support for High Performance Computing (HPC) customers who need the best performing storage systems for Big Data Analytics. The Hadoop Workflow Accelerator is a set of Hadoop optimization tools, services and support that leverages and enhances the performance of ClusterStor, the market leading scale-out storage system, designed for Big Data analysis.

Computationally intensive High Performance Data Analytics (HPDA) environments will benefit from significant reductions in data transfer time with the Hadoop Workflow Accelerator. This solution also includes the Hadoop on Lustre Connector, which allows both Hadoop and HPC Lustre clusters to use exactly the same data without having to move the data between file systems or storage devices.

Seagate Technology plc., a world leader in storage solutions, today took the wraps off the industry's first dedicated surveillance hard disk drive (HDD) featuring Seagate Rescue services-the Seagate Surveillance HDD. Engineered specifically for surveillance and video analytics applications, the Surveillance HDD is a world-class drive that employs data recovery services designed to restore data from malice or accidental failure, keeping systems in the field longer and reducing post deployment expenses.

"Over 413 petabytes of data are produced in just one day by video surveillance cameras installed worldwide in 20131-that's 150,000 petabytes of data every year, most of which are stored on high-capacity surveillance systems for archive or video analytics purposes," said Scott Horn, Seagate vice president of marketing. "That data is invaluable to the user to either meet industry regulations or leverage for content analysis or security- so when data loss occurs it's an expense to the customer. Seagate's Surveillance HDD with Rescue services addresses this issue head on and alleviates these concerns."

Seagate Technology, a worldwide leader in storage solutions, today announced it has signed a strategic cooperation agreement with Baidu, China's largest web services firm, in the areas of low-cost online storage, archiving and Big Data analysis.

Under the agreement, Baidu will give priority to Seagate products when considering components for all Baidu servers and storage facilities. In return Seagate will align with Baidu as a Strategic Customer and give priority to Baidu when providing enterprise storage products and relevant support, as well as maintain a dedicated engineering team for Baidu. Seagate will supply enterprise capacity and performance products as part of the relationship. The agreement also allows for joint research in new technology projects in the areas of Cold Storage, Big Data analysis and Shingled Magnetic Recording (SMR). Big Data analysis is the process of examining large amounts of various types of data to find useful information and patterns to assist in decision making.

Seagate Technology plc, a worldwide leader in storage solutions, today announced that it has shipped its 10 millionth solid-state hybrid hard drive (SSHD). Seagate pioneered the world's first SSHD and has experienced rising demand over the last two years for these solutions that offer the speed of SSDs combined with the industry's highest storage capacities.

SSHDs typically deliver three to four times the performance of traditional hard drives in typical PC workloads, which has been a key factor driving adoption with the leading PC vendors, worldwide. Combining its expertise in both flash and hard disk drive technologies, Seagate's SSHDs deliver a powerful mix of performance and capacity that is optimized to handle the most demanding requirements of both today's IT organizations and consumers alike. Today, the demand for systems integrating SSHDs is being fuelled by the explosive data growth from mobile applications, cloud infrastructures, social media, business applications and a wide variety of consumer markets.

Seagate Technology plc, a world leader in storage solutions, today announced it has completed its previously announced acquisition of the assets of LSI's Accelerated Solutions Division ("ASD") and Flash Components Division ("FCD") from Avago Technologies Limited.

"There is a growing opportunity for mobile and enterprise flash-based storage solutions, which is why we're excited about this strategic technology acquisition," said Steve Luczo, Seagate Chairman and CEO. "Integrating LSI's Enterprise PCIe flash and SSD controller products, and its engineering capabilities into Seagate's leading storage technology portfolio and product development will expand our ability to meet a broader base of customers' needs and drive new revenue opportunities."

Today LaCie, the premium brand from Seagate Technology, announced the availability of the LaCie 8big Rack Thunderbolt 2 in a 48 TB capacity. The LaCie 8big Rack is the fastest, highest-capacity Thunderbolt 2 storage solution on the market with speeds of up to 1330 MB/s* and eight Seagate 6 TB 7200 RPM professional hard disks. Built to excel with 4K video workflows, it delivers ample bandwidth to support 10-bit, 4K footage. With this kind of performance, videographers can work directly from RAW files in Apple Final Cut Pro or Adobe Premiere, get maximum quality from footage and see edits in real time.

"The new LaCie 8big Rack is a stellar performer," said Dave Helmly, Adobe's Sr. Manager Strategic Development for Pro Video. "In fact, it has performed so well that I have replaced it as my primary storage on my OS X 10.9 server. With a single Thunderbolt cable you can get 48 TB of storage. I have several partitions available for editing large projects in Adobe Premiere as well as general project backup. For small workgroups needing large amounts of secure and safe storage - you can add this one to the top of your list."

Seagate Technology plc, a world leader in storage solutions, today announced it is shipping the world's first 8 TB hard disk drive. An important step forward in storage, the 8 TB hard disk drive provides scale-out data infrastructures with supersized-capacity, energy-efficiency and the lowest total cost of ownership (TCO) in the industry for cloud content, object storage and back-up disaster recovery storage.

"As our world becomes more mobile, the number of devices we use to create and consume data is driving an explosive growth in unstructured data. This places increased pressure on cloud builders to look for innovative ways to build cost-effective, high capacity storage for both private and cloud-based data centers," said Scott Horn, Seagate vice president of marketing. "Seagate is poised to address this challenge by offering the world's first 8 TB HDD, a ground-breaking new solution for meeting the increased capacities needed to support the demand for high capacity storage in a world bursting with digital creation, consumption and long-term storage."

Seagate Technology plc today announced the addition of a new capability for connecting Seagate Central personal cloud storage or Seagate Wireless Plus to a Roku streaming player. Now with the new Seagate Media Channel on Roku, pictures, video and music saved to a Seagate Central or Seagate Wireless Plus are available to enjoy from the comfort of the living room.

The Seagate Media Channel on Roku allows visual browsing of content on the drive with cover art for movies, albums, song titles for music and thumbnails for photos. Millions of people use Roku players every day to watch their favorite entertainment on demand. Now Seagate has made it easy to enjoy a personal library of music, movies, photos, and more on the big screen.

With its 6 TB desktop hard drives selling for as low as $300, Seagate is pushing up the density envelope. The company is ready with functional engineering samples of its 8 TB (8,000 GB) hard drives, and has sent them over to major enterprise (hosting / cloud) customers for reliability testing and feedback. Seagate CEO Steve Luczo revealed this, at last week's Q4FY earnings call, responding to a question.

Seagate is eyeing customers among cloud storage providers with its gargantuan hard drives. Cost-effective cloud storage is being seen as the biggest driver of storage capacity expansion among hard drive makers. On the subject of its upcoming drives, Luczo stated: "While it's still early in the development of our Kinetic object-based storage platform, we are in deep technical discussions with a very broad-base of enterprise customers. We believe our focus on developing key values for object-based storage will make the Kinetic platform a differentiated offering in the cloud storage marketplace." Seagate didn't mention when it plans to actually launch the 8 TB drive, as that would depend on the kind of feedback it receives from those customers.

Seagate Technology plc today reported financial results for the quarter and fiscal year ended June 27, 2014. For the fourth quarter, the Company reported revenue of approximately $3.3 billion, gross margin of 28.0%, net income of $320 million and diluted earnings per share of $0.95. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross margin of 28.5%, net income of $370 million and diluted earnings per share of $1.10.

During the fourth quarter, the Company generated approximately $577 million in operating cash flow and returned $166 million to shareholders in the form of dividends and share redemptions.

Seagate Technology plc today announced a new portfolio of Networked Attached Storage (NAS) solutions specifically designed for today's small businesses. The new portfolio includes five NAS products in a range of capacities from 2 TB to 30 TB and performance perfectly suited for the home office to small businesses with up to 50 employees. The Seagate NAS and NAS Pro lines set the standard for ease-of-use by introducing a new intuitive operating system, NAS OS 4, together with hardware specifically designed for small businesses without dedicated IT resources.

"Storage is a must have for businesses of today regardless of their size or industry. So much of what businesses do is now stored in a digital format, but at the same time storage is an area that may not be top of mind for many small business professionals. The irony is that smart storage is so essential to their growth," said Ramon Ray of SmallBizTechnology. "It is good to see a company like Seagate taking the guess work out of network storage solutions and making it easy to set up and manage for a small business without dedicated IT staff."

GeIL stepped into the modern SSD scene with its ZENITH line of SSDs. The series consists of two models, the performance-focused ZENITH S3, and the value-focused ZENITH A3. Both are built in the 7 mm-thick 2.5-inch form-factor, with SATA 6 Gb/s interface, and both come in capacities of 60 GB, 120 GB, 240 GB, and 480 GB. Both appear to be powered by Seagate-SandForce controllers, and MLC NAND flash memory. The ZENITH A3 offers sequential transfer rates of up to 540 MB/s reads, with up to 300 MB/s writes; while the ZENITH S3 offers up to 550 MB/s reads, with up to 500 MB/s writes.

Seagate Technology plc, a world leader in storage solutions, and Avago Technologies Limited, a leading semiconductor device supplier to the enterprise storage, wired, wireless and industrial end markets, today announced that they have entered into a definitive asset purchase agreement under which Seagate will acquire the assets of LSI's Accelerated Solutions Division ("ASD") and Flash Components Division ("FCD") from Avago for $450 million in cash.

The acquisition strengthens Seagate's strategy to deliver a full suite of storage solutions, providing Seagate with established Enterprise PCIe flash and SSD controller capabilities to deliver solutions for the growing flash storage market. LSI's ASD business, which is the second largest player in the PCIe flash space, offers a highly differentiated enterprise-grade PCIe flash solution focused on the high-growth cloud and hyperscale markets. LSI's FCD business, led by its SandForce SF2000 and SF3700 controller products, is driving a multi-product roadmap to address volume markets.

Seagate Technology plc (NASDAQ: STX) announced that it has increased the size of its previously announced offering of $500 million aggregate principal amount of senior notes due 2025 (the "Notes") to $1 billion. The Notes were priced at 100% of the aggregate principal amount and will bear interest at a rate of 4.75% per annum. The Notes will be issued by Seagate HDD Cayman, an indirect wholly-owned subsidiary of Seagate Technology plc ("Seagate"), and guaranteed by Seagate.

The Notes are being sold in a private placement to qualified institutional buyers pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The sale of the Notes is expected to close on May 28, 2014, subject to customary closing conditions. Seagate estimates that the net proceeds from the offering will be approximately $987 million after deducting underwriting discounts and estimated offering expenses. Seagate intends to use the net proceeds from the offering of the Notes for general corporate purposes, which may include, but are not limited to, the retirement of a portion of its outstanding indebtedness (including pursuant to the tender offers previously announced by Seagate), capital expenditures and other investments in the business.

Seagate Technology plc today announced that its Samsung HDD business unit is shipping its new Samsung Wireless media device for mobile users. Consumers can now carry up to 750 movies, and unprecedented libraries of music and photos everywhere they go. Samsung Wireless allows up to five users to connect making this the ultimate entertainment hotspot. The Samsung Wireless is available globally for MSRP of $179.00.

The Samsung Wireless media device is designed as a portable accessory to consumers' mobile devices (smart phones & tablets); its sleek design, small form-factor and light weight make it an ideal companion. The Samsung Wireless fulfills a variety of today's multimedia demands and is a perfect accessory for every generation of mobile lifestyle. No internet connection is needed with the Samsung Wireless; it streams content wirelessly (via WiFi) to up to five devices. The Samsung Wireless is a simple and easy to use device.

Thecus Technology Corporation, the creator in NAS and NVR storage, today announced compatibility between its enterprise solutions and Seagate's 6TB Enterprise Capacity 3.5 HDD (v4) - the world's fastest 6TB hard disk drive. By supporting the pinnacle in current drive technology, Thecus again establishes itself as trail blazer in the network attached storage industry.

"Seagate has consistently been at the heart of drive innovation, and their recent entry into the 6TB market is further proof of just that. By taking proven technology and pushing it beyond traditional expectations, Thecus is also taking data professionals to new realms of capacity and performance." - Florence Shih, Chairperson at Thecus Technology Corp.

Seagate Technology plc today announced the next evolution in the company's wireless storage category. Seagate Wireless Plus mobile device storage now consists of a family of capacities at 500 GB, 1 TB and 2 TB versions to suit every need along with integration with cloud services, such as Dropbox and Google Drive.

The Seagate Wireless Plus storage is designed to expand beyond the limitations of mobile devices, such as smart phones and tablets. With capacities that are multiples beyond the highest storage available on these mobile devices, the Seagate Wireless Plus provides an ideal solution to stream your favorite HD video while freeing up precious space on your Android Tablet, iPad, iPhone, Android Smart Phone, Kindle Fire, Windows 8 computers and Windows RT tablets.

Seagate Technology plc today reported financial results for the third quarter of fiscal year 2014 ended March 28, 2014. For the third quarter, the Company reported revenue of approximately $3.4 billion, gross margin of 28.2%, net income of $395 million and diluted earnings per share of $1.17. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross margin of 28.5%, net income of $453 million and diluted earnings per share of $1.34. For a detailed reconciliation of GAAP to non-GAAP results, see accompanying financial tables.

During the third quarter, the Company generated approximately $443 million in operating cash flow, paid cash dividends of $140 million and repurchased 3.5 million ordinary shares for $184 million. There were 326 million ordinary shares issued and outstanding as of the end of the quarter. Cash, cash equivalents, restricted cash, and short-term investments totaled approximately $2.3 billion at the end of the quarter.