Dear Seagate Community User, We did want to inform you that the Seagate Community forums were permanently taken down on October 7, 2015. All posts and discussions will be inaccessible. For any future Support questions, please utilize our other support offerings found at http://www.seagate.com/contacts/ Regards, Seagate Customer Technical Support Email Support Get your questions answered…
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Seagate Technology today announced the new Seagate® Video 3.5 HDD— the industry’s first 4TB, 3.5-inch hard disk drive (HDD) engineered specifically for use in video applications. Seagate® Video 3.5 HDD is for use in such as digital video recorders (DVRs), set-top boxes (STBs), and surveillance systems. Purpose-built for video solutions, the Video 3.5 HDD can…
On Feb. 20, 2013, Seagate unveils its Seagate Korea Design Center, dedicated to developing advanced 2.5-inch hard drive solutions and small form-factor products for the mobile compute market. The new R&D Hub is located at Gwanggyo New Town, Gyeong-gi Province, is a seven-story, 26,000 square-meter building. Seagate has invested US$ 136.5Million (Approximately KRW 142.34Billion) in…
Seagate and Virident announced a strategic agreement to jointly deliver solutions for the growing enterprise flash storage market. Under the agreement, Seagate will immediately offer a complete line of flash-based PCIe solutions to its OEM and distribution partners. In addition, Seagate and Virident intend to leverage their mutual strengths to create next-generation hardware and software solutions for the solid-state storage market. In conjunction with the agreement, Seagate has made a strategic equity investment in Virident, and will appoint one member to the Virident Board of Directors.
“Seagate is thrilled to team with Virident, a technology leader in one of the fastest growing markets in enterprise and cloud computing, together, we are working to develop the next-generation hardware and software solutions in the PCIe space. Our solid-state strategy is founded on both in-house development and through strategic partnerships with innovative companies to deliver the broadest portfolio in the industry. We believe that this strategic agreement immediately strengthens our leading position in the enterprise storage market by adding a broad line of Seagate flash-based PCIe solutions powered by Virident to our portfolio. We look forward to a long, productive partnership with Virident.”said Gary Gentry, senior vice president and general manager, Solid State Drives at Seagate.
“We are extremely pleased to have Seagate as a strategic partner and investor, this partnership validates Virident’s vision of pervasive flash in the performance tier and accelerates our shared vision by bringing next-generation SCM solutions to the enterprise and web datacenters worldwide. The agreement also expands Virident’s routes to market today by making our best-in-class PCIe flash products available to Seagate’s world-class channels.” said Mike Gustafson, Chief Executive Officer of Virident.
About Virident Systems
Virident Systems is a leading provider of enterprise-class Storage Class Memory (SCM) solutions that deliver unconditional, consistent performance to data-intensive applications. The inherent advantage associated with this disruptive technology revolutionizes computing by speeding application response time and optimizing datacenter efficiency for new levels of ROI. Virident Systems is backed by strategic investors, Intel®, Cisco® Systems and a storage solution provider, as well as Hercules Technology Growth Capital and venture investors Globespan Capital Partners, Sequoia Capital, Mitsui Global Investments and Artiman Ventures. For more information, visit www.virident.com.
Following their press releases issued on May 23, 2012 and June 14, 2012, Seagate Technology plc and LaCie S.A. announced the completion of the purchase by Seagate of all of the shares of Philippe Spruch and his affiliate, representing 64.5% of the outstanding shares of LaCie for a provisional price of €4.05 per share. The price payable to Philippe Spruch and his affiliate may be increased by 3%, to €4.17 per share, in the event that within six months following today’s date, Seagate holds at least 95% of the share capital and voting rights of LaCie.
The completion of the transaction follows the required clearances from the French Ministry of Finance and the US and German Antitrust Authorities.
As a result of the completion of the transaction, Seagate intends to file in the coming weeks with the FrenchAutorité des marches financiers an all-cash simplified tender offer on the remaining LaCie shares.
As previously announced, Ricol Lasteyrie & Associés has been appointed as independent expert by the Board of Directors of LaCie on May 23, 2012.
Following discussions with the Board of Directors of LaCie, in particular with the independent members, Seagate has increased the proposed offer price at which it will file its tender offer to €4.50 per LaCie share (without an additional 3% price supplement in the event that a squeeze-out procedure is implemented). Seagate may carry out a squeeze-out procedure at the same price of €4.50 per LaCie share if it were to hold at least 95% of the shares and voting rights of LaCie.
The Board of Directors welcomes the revised offer price and intends to support the revised offer as long as the final report of the independent expert affirms the valuation.
About Seagate
Seagate is a world leader in hard disk drives and storage solutions. Learn more at www.seagate.com.
About LaCie
With operations in the Americas, Europe and Asia, LaCie is the leading manufacturer of storage devices for PC, Apple, and Linux. LaCie has differentiated itself through sleek design and remarkable technical performance. Find out more about our products at www.lacie.com.
Seagate Momentus XT 750GB solid state hybrid drive, the world’s fastest hard drive for laptop PCs.
Seagate is now shipping the second generation of Momentus® XT, solid state hybrid drive for consumer and commercial laptops and the company’s fastest drive ever for personal computers. With a simple drive upgrade, users can boost boot-up speed and overall performance to turbo-charge their laptop PC. Seven original equipment manufacturers are gearing up to ship laptops powered by the Momentus XT drive. The drive is now available at online retailers Amazon, Canada Computers, CDW, Memory Express, NCIX, Newegg, and TigerDirect.
Powering the Momentus XT drive are Seagate’s Adaptive Memory™ and FAST Factor™ technologies. Adaptive Memory technology works by identifying data usage patterns, and then moving the most frequently retrieved information to solid state memory for faster access. Adaptive Memory effectively tailors hard drive performance to each user and the applications they use. FAST Factor technology blends the strengths of SSDs and hard disk drives for faster access to applications, quicker bootup and higher overall system speed.
“Laptop users want faster access to all of their content, from gaming, music and video to spreadsheets and documents, creating strong demand for the highest performance, Seagate is excited to answer this need with a second-generation Momentus® XT drive that delivers solid state drive (SSD) speed, greater storage capacity and easy installation at an affordable price.” said Scott Horn, vice president of Worldwide Marketing at Seagate.
“High-speed storage devices make a difference when it comes to improving overall PC performance, Seagate’s newest Momentus® XT drive gives notebook PC users an economical option for boosting PC performance while at the same time providing spacious storage capacity all in one device.” said John Rydning, research vice president at IDC.
Momentus XT – Meeting the need for speed
The Momentus XT drive is nearly 70 percent faster than the prior Momentus drive version and up to three times faster than a traditional hard disk drive while providing 750GB of storage capacity. The Momentus XT hard drive’s Serial ATA 6Gb/second interface and 8 gigabytes of Single Level Cell NAND flash double the interface and NAND read-write speed of the previous generation. The all-in-one design of Momentus XT drive makes installation and upgrading simple and easy for any laptop or desktop computer and with any operating system.
The Momentus XT drive is now shipping in volume worldwide. Manufacturer’s Suggesting Retail Pricing (MSRP) for Momentus XT 750GB is $245.
Tips: Join a Seagate webinar for a chance to win a laptop powered by Momentus XT
Learn more about solid state hybrid drive technology and Seagate’s new Momentus XT drive by joining a live webcast on Tuesday, December 6, at 11 a.m. PST. Sign up for a chance to win a high-performance laptop powered by Momentus XT: http://www.seagate.com/MomentusXTWebinar
Tuning Momentus XT for Optimal Performance
The hard drive industry is transitioning from the current 512-byte sector standard to a newer Advanced Format 4K (4096-byte) sector size that helps maintain data integrity at higher storage densities and capacities. Momentus XT takes advantage of this newer Advanced Format 4K standard and is already tuned for optimal performance on the latest PC operating systems.
Momentus XT customers can easily optimize Momentus XT to work with Windows XP and older versions of Microsoft Windows with a few simple steps. Please visit this pageon the Seagate web site to determine if Momentus XT is already tuned for your operating system version and how to do so if needed: http://www.seagate.com/momentusXT-4K.
November 1, 2011 – Seagate is streamlining its flagship family of desktop drives under a single product that hones in on performance and big capacities to help satisfy the explosive growth in content creation and consumption by businesses and consumers worldwide. The new Barracuda® family makes it easier for consumers to find the product they need and reduces costs for Seagate’s original equipment manufacturer and distribution channel customers by reducing the number of product qualifications and amount of inventory they need to manage.
Seagate 3–terabyte Barracuda hard drive featuring 1 terabyte of storage capacity per disk platter, the highest storage density available.
“A simpler desktop drive product family is exactly what Seagate customers are asking for, the new Barracuda® family reflects the reality that end-users want a full range of hard drive capacities and as much performance as we can give them to help manage and store massive amounts of digital content. In addition, our OEM and channel customers want to reduce overhead costs by having fewer product lines to qualify and manage in their inventory.” – said Scott Horn, vice president of Marketing at Seagate.
Desktop PC performance is growing in importance as computer users consume and otherwise use more and more multimedia – a blend of text, audio, images, animation and video – and other rich-content files in areas as diverse as business, advertising, art, education, entertainment, engineering, medicine, mathematics and science. Higher hard drive performance often means a faster computer and quicker access to this content.
The new Barracuda hard drive – to be available first at online retailers Amazon, CDW, Newegg and TigerDirect – is designed for desktop, tower or all-in-one personal computers; workstations, home and small business servers; network-attached storage devices; direct-attached storage expansion; and home and small-business RAID solutions. Capacities of the family range from 250GB to a massive 3TB.
The simplification of the Barracuda family comes as Seagate begins volume shipments of its 1TB-per-disk Barracuda® hard drive. Seagate plans to end production of its Barracuda® Green drive in February 2012. Seagate analysis shows that its new Barracuda drives have a nearly identical power-consumption profile as energy-efficient desktop drives but deliver much higher performance. Barracuda® XT, Seagate’s fastest desktop hard drive, will be folded into the new Barracuda family and re-emerge, in name, as the company’s desktop solid state hybrid drive.
Technical Specifications
The new Barracuda hard drive features a SATA 6GB/second interface, 7200RPM spin speed and up to 64MB cache to deliver high performance across all capacities. Seagate’s SmartAlign™ technology, a feature of Seagate’s Barracuda Green drives, will continue to ship with the flagship Barracuda drives to help the hard drive industry segue from the current 512-byte sector standard for hard drives to the new 4096-byte sector size. The new 4K standard enables the use of stronger error correction algorithms to maintain data integrity at higher storage densities and capacities.
Environmental Commitment
Seagate is committed to building hard drives to the highest quality and environmental standards. More than 70 percent of materials used in its storage products are recyclable, and all of its products are halogen-free and comply with the rigorous REACH standard*. These and other initiatives at Seagate are what truly make a difference to the environment.
Seagate Technology
Demand for disk drive storage continues to grow as quarterly shipments reach a record 52 million units and fiscal year shipments increase to a record 199 million units.
Seagate Technology reported financial results for the quarter ended July 1, 2011. Seagate shipped 52 million hard disk drives and reported revenue of $2.9 billion, gross margin of 19.3%, net income of $119 million and diluted earnings per share of $0.27. On a non-GAAP basis, which excludes the net impact of restructuring, write-down of an equity investment, gain on the sale of one of its facilities, and expenses related to the previously announced transaction with Samsung, Seagate reported net income of $126 million and diluted earnings per share of $0.28 for the quarter ended July 1, 2011.
For the fiscal year ended July 1, 2011, the company reported revenue of $11.0 billion, gross margin of 19.6%, net income of $511 million and diluted earnings per share of $1.09. On a non-GAAP basis, which excludes the net impact of loss on redemption of debt, purchased intangibles amortization, restructuring, write-down of an equity investment, gain on the sale of one of its facilities, expenses related to the previously announced transaction with Samsung and tax adjustments related to prior fiscal years, Seagate reported net income of $578 million and diluted earnings per share of $1.24. Additionally, Seagate returned $77 million to shareholders in the form of a dividend and repurchased $822 million of Seagate ordinary shares.
“Seagate and the industry are benefitting from the significant demand for storage related to new applications and architectures associated with mobile and connected devices, Because hard disk drive storage is a fundamental technology for cloud service providers, data centers and all other network-based content providers, total industry demand grew almost 40% in fiscal year 2011 to 330 million terabytes. For the June quarter, Seagate’s average capacity per drive shipped grew to approximately 590 GB an increase of 39% year-over-year. As more online content and services become available to billions of connected mobile devices, we expect demand for storage capacity to continue to grow and Seagate to benefit from this growth.” said Steve Luczo, Seagate chairman, president and CEO.
Related Link: Seagate Q4 FY2011 Financial Statements
Western Digital Corp
Q4 REVENUE OF $2.4 BILLION AND NET INCOME OF $158 MILLION, OR $0.67 PER SHARE
For the quarter, revenue totaled $2.4 billion, net income was $158 million, or $0.67 per share, and hard-drive unit shipments were 54 million. The quarterly results included total expenses of $35 million associated with the planned acquisition of Hitachi Global Storage Technologies (Hitachi GST) announced Mar. 7, 2011, and for unrelated litigation accruals. Excluding these expenses, non-GAAP net income was $193 million or $0.81 per share.1
In the year-ago quarter, the company reported revenue of $2.38 billion, net income of $265 million, or $1.13 per share, and shipped 50 million hard drives. The 2010 results included $27 million of expenses related to litigation accruals. Excluding these expenses, the year-ago quarter non-GAAP net income was $292 million, or $1.24 per share.2
The company generated $447 million in cash from operations during the June quarter, ending with total cash and cash equivalents of $3.5 billion.
For fiscal year 2011, the company posted revenue of $9.53 billion and net income of $726 million, or $3.09 per share, compared to fiscal 2010 revenue of $9.85 billion and net income of $1.38 billion, or $5.93 per share. The 2011 net income included total expenses of $44 million associated with the planned acquisition of Hitachi GST and unrelated litigation accruals. Excluding these expenses, fiscal 2011 non-GAAP net income was $770 million or $3.28 per share.1 The 2010 net income included $27 million of expenses related to litigation accruals. Excluding these expenses, fiscal 2010 non-GAAP net income was $1.41 billion, or $6.05 per share.2
“In the June quarter, we were able to meet stronger than anticipated demand, especially from our OEM customers, We believe the stronger demand was driven by increased use of sea freight in advance of the second half of the calendar year as well as supply continuity concerns in the aftermath of the Japan earthquake.
In a challenging HDD market environment in fiscal 2011, the industry saw unit volume growth of four percent while WD achieved growth of six percent as customers demonstrated a continued preference for the WD value proposition.
We remain focused on completing our strategic acquisition of Hitachi GST. We are continuing to engage in the approval process with all the appropriate regulatory agencies and thus far we have received clearance from Brazil, Taiwan and Turkey. We continue to work closely with the remaining agencies which are reviewing our transaction. As previously announced, we now expect that the transaction will close in the fourth calendar quarter of 2011, and our integration planning activities continue on schedule.” – said John Coyne, president and chief executive officer.
Related Link: Western Digital Fourth Quarter Fiscal 2011 Investor Information Summary
Seagate introduced GoFlex Satellite mobile wireless storage, the very first battery-powered exterior hard disk to easily extend the storage capacity associated with a Wi-Fi enabled mobile device. With 500GB and Wi-Fi access over 802.11 b/g/n along with a rechargeable battery, this latest person in the GoFlex family provides a chance to carry a whole library of video, music, pictures and documents along with you. Products are easily connected straight to the GoFlex Satellite drive by technique free GoFlex Media app-available now on iTunes and also the Apple Application Store¡§Cor a internet browser. GoFlex Satellite can be obtained immediately for preorder from Seagate.com, Amazon . com and BestBuy.com for any manufacturer’s recommended retail cost of $199.99, and it is scheduled to reach in Best To Buy stores in This summer 2011. Global availability is planned for later this summer time.
The Seagate GoFlex Satellite mobile storage easily streams content for an iPad, ipod device touch, apple iphone or another Wi-Fi enabled device.
“Using the development of the tablet and iPad marketplaces and also the bigger volumes of high-quality media now being consumed, there’s a obvious requirement for use of content that’s not affected using the challenges of streamed video on the internet,Inch stated Patrick Connolly, v . p . and gm of Seagate’s retail group. “The unfortunate truth is these popular new mobile products are hampered by their limited storage capacity while among their primary functions is media consumption.
“Using the GoFlex Satellite mobile wireless storage, we wanted to produce a stylish solution providing you with real value towards the large number of iPad customers available by delivering a seamless link with local storage. No more will someone feel as if it’s a compromise to buy less capacity tablet or iPad. With GoFlex Satellite, individuals will have the ability to carry all of their media library together with no need for wires or even the web at a small fraction of the price of adding 3rd generation or buying or perhaps a greater capacity tablet.”
Streaming on the internet has allowed video access for tablet proprietors, but the standard is subject to the web connection, whether it is over Wi-Fi or 3rd generation/4G. With increased connected products per hotspot, it’s frequently hard to watch video without choppiness or pixilation. Instead of depend on the buffered stream from the distant provider, GoFlex Satellite mobile storage easily delivers media content like a local attached storage for approximately three products simultaneously. Having a stand-by battery existence as high as 25 hrs, the effective lithium polymer battery provides as much as 5 hrs of continuously streaming video. To assist with stretching battery existence, the free GoFlex Media application supplies a progressive download feature, which temporarily loads the recording onto the iOS device it’s being streamed to, permitting the drive to enter stand-by mode.
GoFlex Media Application
Initially readily available for Apple iOS products, for example: iPad, apple iphone and ipod device touch the GoFlex Media application supplies a seamless method to connect the mobile wireless storage for your iPad or apple iphone. The Android application is anticipated to be shown with this summer time. Individuals that presently make use of an Android smartphone or tablet can access content on the GoFlex Satellite device through its browser.
Media Sync software
The simple-to-use Media Sync software, also incorporated free with purchase, makes getting media from the Home windows Mac or pc OS X computer very simple. Wherever the files are saved, whether that’s personal files structure of your creation or perhaps in an iTunes library, the Media Sync software will load all your preferred music, videos, photos and documents onto the GoFlex Satellite drive. Media Sync is definitely set up to simply place files about the drive which are suitable for your iOS device. Even music and videos bought through iTunes could be loaded towards the GoFlex Satellite drive and can experience all approved products.
Loading Media
For rapid loading of media content, the wireless mobile storage comes outfitted using the fast USB 3. cable to obtain files out of your computer towards the GoFlex Satellite drive. The USB 3. cable will even continue to utilize USB 2. ports and it is easily removed for portability. Additionally towards the USB 3. cable, the GoFlex Satellite drive comes including a vehicle charger along with a compact wall charger.
