These assets include Samsung's leading product lines, high-capacity 2.5-inch HDD, Samsung M8. Samsung's employees will join Seagate includes a number of senior managers and technical staff designs of Samsung's Korean facility, which will focus on product development of small form components (small form-factor) for the mobile computing market.
'Together, Seagate and Samsung have to align efforts and our product development roadmap that current and future in order to accelerate the efficiency of time-to-market (time-to-market) for new products and to position us for better meet the increasing demands in product demand storage devices (storage), 'said Steve Luczo, Chairman, President and CEO of Seagate. 'This is an exciting time in the industry with a rapidly growing opportunities in many markets including mobile computing, cloud computing, and solid state storage.'
Transactions with a combined value of approximately USD 1.4 billion was originally announced in April 2011 along with a series of other agreements between Seagate and Samsung. Supplying Seagate disk drives for PC peripherals, notebooks and consumer electronic devices Samsung. Samsung supplies the semi-conductor products for use in products SSD (solid state drive) Seagate, hybrid solid-state drives and other Seagate products. Both companies have also expanded and increased cross-licensing agreements with patent the use of both companies and has extended cooperation to jointly develop solutions for enterprise storage.
Transactions and agreements to substantially expand access to Seagate customers in China, Southeast Asia, Brazil, Germany and the Russian Federation. To facilitate the transition of products and technology, Seagate will retain certain products Samsung HDD under the Samsung brand name for 12 months, and maintain or build a number of independent operations including sales staff, the main product lines and facilities R & D.
'Together, Seagate and Samsung have to align efforts and our product development roadmap that current and future in order to accelerate the efficiency of time-to-market (time-to-market) for new products and to position us for better meet the increasing demands in product demand storage devices (storage), 'said Steve Luczo, Chairman, President and CEO of Seagate. 'This is an exciting time in the industry with a rapidly growing opportunities in many markets including mobile computing, cloud computing, and solid state storage.'
Transactions with a combined value of approximately USD 1.4 billion was originally announced in April 2011 along with a series of other agreements between Seagate and Samsung. Supplying Seagate disk drives for PC peripherals, notebooks and consumer electronic devices Samsung. Samsung supplies the semi-conductor products for use in products SSD (solid state drive) Seagate, hybrid solid-state drives and other Seagate products. Both companies have also expanded and increased cross-licensing agreements with patent the use of both companies and has extended cooperation to jointly develop solutions for enterprise storage.
Transactions and agreements to substantially expand access to Seagate customers in China, Southeast Asia, Brazil, Germany and the Russian Federation. To facilitate the transition of products and technology, Seagate will retain certain products Samsung HDD under the Samsung brand name for 12 months, and maintain or build a number of independent operations including sales staff, the main product lines and facilities R & D.
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