Seagate agrees to buy Maxtor

Posted on September 15th, 2008 in Hard Disk by admin

Computer disk drive supplier Seagate Technology has agreed to buy rival Maxtor Corp. for $1.9 billion in stock, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The paper said the deal is expected to be unveiled later in the day, with Seagate planning to swap 0..... [Read More]