Disk-drive maker Seagate receives buyout offers
OCT 15, 2010
DOI: 10.1063/PT.5.024748
New York Times : The publicly traded disk-drive manufacturer Seagate Technology has received several buyout offers from private equity firms, the latest coming yesterday from TPG and Kohlberg Kravis Roberts. Seagate, which is based in Scotts Valley, California, shipped close to 200 million units this past year, generating revenue of $11 billion and profits of $1.6 billion. Last month the company announced the world’s first portable 1.5-terabyte disk drive.
© 2010 American Institute of Physics
