Posts tagged teams

Samsung and Seagate on Tuesday lived up to last-minute rumors by forging a deal for their storage businesses. Under the terms, Samsung will fold its hard drive business into Seagate’s while Seagate will in turn give Samsung drives for computers and other devices. Samsung will bring its flash memory into play and feed not just Seagate’s enterprise solid-state drives but also hybrid drives and “other products.”

Corporate aspects of the deal will see the two work more closely together on enterprise storage as a whole as well as widen their patent cross-licensing deals. Samsung receives some of the best of More >