Seagate Technology Public Limited Company announced that it intends, subject to market and other conditions, to offer up to of $1.0 billion aggregate principal amount of senior notes in a private placement. The Notes are expected to be issued by Seagate HDD Cayman, an indirect wholly-owned subsidiary of Seagate Technology plc, and guaranteed by Seagate Technology PLC. The company intends to use the net proceeds from the offering of the notes to replenish cash associated with the recent redemption of the 10% senior secured notes, to retire up to an aggregate amount of $250 million of outstanding senior notes, and for general corporate purposes, which may include, but are not limited to, capital expenditures and other investments in the business, and other repurchases of indebtedness.

Seagate Technology plc announced its new portfolio of flash-memory solutions. The company took the wraps off its first client solid state drive (SSD) and its next-generation enterprise SSDs. Featuring the Seagate(R) 600 SSD, Seagate(R) 600 Pro SSD, and the Seagate(R) 1200 SSD, the new line of drives are engineered to deliver ultra-fast speed and high data integrity. Rounding out the portfolio, Seagate also announced the new Seagate(R) X8 Accelerator, a storage class memory PCIe card powered by Virident enabling the company to offer all key interfaces including SATA and SAS solutions. The ultimate laptop upgrade, the Seagate 600 SSD delivers faster boot up speeds, shorter application load times, and improved system responsiveness for the ultimate performance. Laptop users can boot up nearly four times faster and load applications more than two times faster than with a standard hard drive, greatly reducing the amount of wait time to access content. Fast and as easy to install as a hard disk drive upgrade, the Seagate 600 SSD is available in multiple z-heights including an industry-first, diminutive 5mm-high drive making it ideal for most ultra-thin devices as well as standard laptop systems. The drive features up to 480GB of capacity and comes in a 2.5 form factor. It also incorporates a 6Gb/s SATA interface for fast data transfer rates and easy connection. A low power server and storage solution, the Seagate 600 Pro SSD is ideal for cloud system builders, hyperscale datacenters, cloud service providers, content delivery networks, and virtualized environments. An entry-level enterprise SATA SSD, the 600 Pro SSD combines fast performance and lower power delivering best-in-class performance efficiency and IOPS/watt value. The Seagate 600 Pro SSD is available with up to 480GB capacity and comes in 2.5-inch form factor. It is equipped with a 6Gb/s SATA interface for fast data transfer rates and easy connection to existing SATA infrastructure.

Seagate Technology Public Limited Company announced that Robert W. Whitmore, Executive Vice President and Chief Technology Officer plans to step down from his current role as Chief Technology Officer effective July 1, 2013. Prior to that date Mr. Whitmore will work with William D. Mosley, Executive Vice President, Operations, to ensure a smooth transition. After July 1, 2013 the functions previously under Mr. Whitmore's oversight will become the responsibility of Mr. Mosley as the company’s Executive Vice President responsible for the Company's Operations and Research and Development. Mr. Whitmore will remain at the company after July 1, 2013 in a senior technical advisory capacity.