Seagate has completed its £890m takeover of Samsung's hard disk drive division, following regulatory approval. Following a brief investigation, the European Commission cleared the takeover in October ...

In the transaction, Seagate said it has gained parts of Samsung's M8 product line of high-capacity, 2.5-inch HDDs and other assets, infrastructure, and employees Seagate Technology said Tuesday it has ...

Seagate announced Tuesday that it is purchasing Samsung's hard disk drive (HDD) business, which consolidates the HDD market down to two major players: Seagate and Western Digital. Seagate will pay ...

We're firmly of the belief that SSDs are our future and Samsung would seem to agree. The Korean electronics giant has just announced that it's selling its hard disk drive-manufacturing arm to Seagate ...

Well that was fast. A day after an anonymous source told The Wall Street Journal that Samsung was shopping its hard drive business in hopes of raising $1.5 billion, the electronics maker found a buyer ...

Seagate has completed its $1.4bn acquisition of Samsung's hard-drive business, taking on production as well as research & development of traditional platter-based discs while Samsung focuses on flash ...

NEW YORK -- Seagate has agreed to buy Samsung's hard drive business for $1.38 billion in a further consolidation of an industry that faces growing competition from a newer storage technology, popular ...

Consolidation seems to be the theme of the year. Western Digital bought up Hitachi's HDD unit, and now Seagate is snapping up a big chunk of Samsung. IHS iSuppli has broken down Seagate's recent ...

In April, Seagate agreed to purchase Samsung's hard drive division in a transaction valued at $1.4 billion. Technically speaking, the acquisition is complete and Seagate has launched a web page ...

It's taken the pair a fair few months to hammer down the details, but it's finally official: Seagate now holds the figurative keys to Samsung's hard drive business. According to the press release, ...

Seagate Technology said Tuesday it has completed the acquisition of the hard disk drive (HDD) business of Samsung Electronics, after it recently received approval for the deal in Australia, China, and ...

SCOTTS VALLEY (CBS/AP) - Seagate is buying the hard disk drive business of Samsung in a $1.38 billion deal that gives the South Korean electronics manufacturer a nearly 10 percent stake in Seagate.