Seagate Technology LLCScotts Valley, CA, United States (NYSE: STX)

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Seagate Technology Company Description

Seagate Technology knows that if you want to survive in the storage market, you'd better have drive. The company is a leading independent maker of rigid disk drives (or hard drives) used to store data in computers. Its drives are used in systems ranging from personal computers and consumer electronics to high-end servers and mainframes. Seagate sells directly to computer manufacturers and through distributors. About 70% of Seagate's sales are to computer hardware manufacturers, which include Hewlett-Packard (16% of sales in fiscal 2008), Dell, EMC, IBM, and Sun Microsystems; distributors and retailers account for the rest.

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The Company Description provides a historical perspective of Seagate Technology's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Seagate Technology's evolution in the marketplace.

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