BNET Industries

Seagate Technology LLC

(STX) is in the Technology Industry

Market Cap:$7.7B

Last Fiscal Year Sales:$12.7B

Public
US

Dow Jones Description

Seagate, who recently acquired EVault-one of the fastest growing technology companies in the United States-is the worldwide leader in the design, manufacture and marketing of hard disc drives, providing products for a wide-range of applications, including Enterprise, Desktop, Mobile Computing, Consumer Electronics and Branded Solutions. Seagate?s business model leverages technology leadership and world-class manufacturing to deliver industry-leading innovation and quality to its global customers, and to be the low cost producer in all markets in which it participates. The company is committed to providing award-winning products, customer support and reliability to meet the world?s growing demand for information storage.

Number of Employees 54,000

Contact Information

920 Disc Drive

Scotts Valley, California 95066

www.seagate.com

(831) 438-6550

Peer Companies

NAICS Code Magnetic and Optical Recording Media Manufacturing: 334613

Company News

Recent Events

Silicon Valley stocks: Nasdaq falls, but AMD, Fortinet surge

11/19/09 - Bond / Stock Rating - View Story
Analyst Downgrades for November 18th

11/18/09 - Bond / Stock Rating - View Story
i365, A Seagate Company, Collaborates on Multi-Platform,

11/09/09 - Joint Venture / Alliance - View Story
UPDATE 3-LSI results and outlook top Street, shares rise

10/28/09 - Merger / Acquisition - View Story
Seagate DockStar Creates a Personal Data Cloud

10/22/09 - Product Announcement - View Story
Storage roundup: Mimosa, NetApp combine for Exchange archiving

10/15/09 - Product Announcement - View Story
i365 Launches New Small Business Version of EVault Plug-n-Protect Appliance at Storage Expo UK

10/14/09 - Product Announcement - View Story
# OpenTV to Demo External PVR Storage Solution at IBC

10/16/09 - Joint Venture / Alliance - View Story
Western Digital Q1 Profit Jumps 36%

10/22/09 - Financial Announcement - View Story
Hapoalim Securities Initiates Coverage on Seagate Technology STX with a Buy; Attractive Valuation

10/07/09 - Bond / Stock Rating - View Story
Ameriprise Financial Initiates Coverage on Seagate Technology STX

10/06/09 - Bond / Stock Rating - View Story
Seagate Creates a Personal Cloud

10/04/09 - Product Announcement - View Story
Amazon: Analysts' Upgrades, Downgrades

9/23/09 - Bond / Stock Rating - View Story
STOCKS NEWS US-Deutsche Bank upgrades Seagate to 'buy'

9/23/09 - Bond / Stock Rating - View Story
STOCKS NEWS US-Crude oil edges lower on demand concerns

9/23/09 - Bond / Stock Rating - View Story
UPDATE 1-RESEARCH ALERT-Deutsche Bank raises Seagate to buy

9/23/09 - Bond / Stock Rating - View Story
Dow Breaks 9,900 After Fed Statement

9/25/09 - Bond / Stock Rating - View Story
BRIEF-RESEARCH ALERT-Deutsche Bank raises Seagate Technology to buy

9/23/09 - Bond / Stock Rating - View Story
3 Stocks With Rising Profit Estimates

10/07/09 - Financial Announcement - View Story
Seagate ships self-encrypting drives for enterprises

9/22/09 - Joint Venture / Alliance - View Story

News & Analysis

seagate technology llc and western digital corp. - All News and Analysis

Solid Execution Makes Western Digital a Compelling Stock

Seeking Alpha - 2009-10-27

Naveen Selvaraj submits: Western Digital WDC can easily rank among the best managed large-cap tech companies today. For the first quarter of the company's fiscal 2010, it reported YOY revenue growth of 4.6% to $2.2 B and operating income grew 36% YOY to $319 M. WDC Reported A YOY Revenue...

Tags: Hardware, Naveen Selvaraj, Seagate Technology LLC, Western Digital Corp.
Western Digital: Better Inventory Management Helps It Pull Ahead of Seagate

Seeking Alpha - 2009-07-29

Naveen Selvaraj submits: Western Digitial WDC reported better than expected results yesterday with a 21% sequential revenue growth to $1.9B and a more than threefold increase in operating income to $209M ($61M in Mar09 qtr). by Naveen Selvaraj

Tags: Hardware, Naveen Selvaraj, Seagate Technology LLC, Western Digital Corp.
Seagate and WDC: Turning Bullish on Disk Drives

Seeking Alpha - 2009-07-06

Eric Savitz (Barron's) submits: Merrill Lynch analyst Scott Craig turned bullish on the disk-drive industry Monday morning, raising his ratings on both Western Digital WDC and Seagate STX to Buy from Underperform. His WDC price target jumps to $35, from $19; for STX, his new target is $14, up...

Tags: Hardware, Eric Savitz, Seagate Technology LLC, Western Digital Corp.
Fujitsu sells hard drive business to Toshiba

Strategy Eye - 2009-01-29

Fujitsu is reportedly selling its loss-making hard drive disk HDD business to Toshiba for an undisclosed price. What Toshiba is buying is unclear, but HDD head manufacturing is not included, as Fujitsu is terminating its HDD head manufacturing operation in Nagano, Japan. ...

Tags: Hard Drive, Fujitsu Ltd., Toshiba Corp., Hard Drive Disk Industry, Toshiba Corporation, Fujitsu Limited, George Mitton, SanDisk Corp., Seagate Technology LLC, Western Digital Corp.
Western Digital vs. Seagate Technology: Value in Hard Disk Makers

Seeking Alpha - 2009-01-12

Tom Armistead submits: Always drawn by value, I recently established a long position in Seagate Technology STX. I didn't do as thorough a research job as I like to think is typical for me, and have since developed some reservations: I like hard disk makers but note that...

Tags: Hardware, Tom Armistead, Seagate Technology LLC, Western Digital Corp.

Seagate Lifted by LBO Chatter

Seeking Alpha - 2008-12-08

Eric Savitz (Barron's) submits: What's up with Seagate? To answer my own question, there’s probably nothing up with Seagate STX. But the stock has spiked today even more than the broad market; and the stock Web site TheFlyOnTheWall.com asserts that the disk-drive maker is being lifted by “renewed buyout...

Tags: Hardware, Eric Savitz, Seagate Technology LLC, Western Digital Corp.
Zacks Industry Rank Analysis Highlights: Alon USA Energy, Iomega, Seagate Technology, Sunoco and Western Digital

- 2008-03-13

CHICAGO -- Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week's analysis includes Alon USA Energy (NYSE: ALJ), Iomega (NYSE: IOM), Seagate Technology (NYSE: STX), Sunoco (NYSE: SUN) and Western Digital (NYSE: WDC). To see the Zacks Industry Rank and the trend in earnings estimates revisions for...

Tags: NYSE Euronext, Iomega Corp., Sunoco Inc., Seagate Technology LLC, Western Digital Corp.
Next Inning Technology Publishes Updated Outlooks for Western Digital, Seagate Technology, Cisco Systems, and Alcatel-Lucent.

- 2007-05-23

M2 PRESSWIRE-23 May 2007-Headline Maker: Next Inning Technology Publishes Updated Outlooks for Western Digital, Seagate Technology, Cisco Systems, and Alcatel-LucentC1994-2007 M2 COMMUNICATIONS LTD RDATE:23052007 Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay...

Tags: Alcatel, Alcatel-Lucent, Cisco Systems Inc., FINANCE, investor, Nasdaq Stock Market Inc., Seagate Technology LLC, security, Western Digital Corp.
Seagate Offers Good, Bad Tidings for Western Digital

- 2004-06-21

Toshiba Ships Computers With Napster Software; FileNet Again Cited in Consolidation Talk

Tags: Seagate Technology LLC, Western Digital Corp.
H.Co. Computer Products Inc. Adds New Product Line to Distribution; Seagate and Western Digital Hard Drives

- 1998-03-10

IRVINE, Calif.--BUSINESS WIRE--March 10, 1998--H.Co. Computer Products Inc. Tuesday announced that they will be adding a complete line of Seagate and Western Digital 3.5-inch IDE and SCSI hard drives to their existing line of computer memory and storage solutions.

Tags: hard drive, Seagate Technology LLC, Western Digital Corp.