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Seagate would buy rival computer disk-drive maker Maxtor for $ 1.9 billion in stock, aiming to cut combined costs and drive development of new products. The deal, which was priced at a 60 percent premium to Maxtor’s latest closing share price, was done in the interest of acquiring Maxtor’s customer base, rather than any specific...

The post Seagate To Acquire Maxtor appeared first on VR-Zone.

Seagate To Acquire Maxtor

Seagate would buy rival computer disk-drive maker Maxtor for $ 1.9 billion in stock, aiming to cut combined costs and drive development of new products. The deal, which was priced at a 60 percent premium to Maxtor’s latest closing share price, was done in the interest of acquiring Maxtor’s customer base, rather than any specific...

The post Seagate To Acquire Maxtor appeared first on VR-Zone.