Last $58.31 USD
Change Today -1.48 / -2.48%
Volume 4.7M
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As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

seagate technology (STX) Snapshot

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09/2/14 - $63.27
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seagate technology (STX) Details

Seagate Technology Public Limited Company designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries. The company provides hard disk drives, solid state hybrid drives, and solid state drives that are designed for enterprise servers and storage systems in mission critical and nearline applications; for client compute applications comprising desktop and mobile computing; and for client non-compute applications, such as digital video recorders, personal data backup systems, portable external storage systems, and digital media systems. It also offers data storage services, including online backup, data protection, and recovery solutions for small and medium-sized businesses. In addition, the company ships external backup storage solutions under its Backup Plus and Expansion product lines, as well as under the Samsung and LaCie brand names; Wireless Plus wireless drives; and network attached storage solutions under its Central, NAS, NAS Pro, and Rackmount NAS product lines. It sells its products primarily to OEMs, distributors, and retailers. The company was founded in 1979 and is headquartered in Dublin, Ireland.

52,100 Employees
Last Reported Date: 08/8/14
Founded in 1979

seagate technology (STX) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.2M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $560.7K
President of Operations & Technology
Total Annual Compensation: $579.6K
President of Cloud Systems and Solutions
Total Annual Compensation: $141.4K
Senior Technical Advisor
Total Annual Compensation: $674.0K
Compensation as of Fiscal Year 2014.

seagate technology (STX) Key Developments

Seagate Technology Announces Strategic Cooperation Agreement with Baidu

Seagate Technology announced that it forged a strategic cooperation agreement with Baidu to develop breakthroughs in cold storage/archiving technologies, big data analysis and shingled magnetic recording (SMR). As part of the agreement, Baidu will give priority to Seagate products when choosing components for its servers and storage facilities. In return, Seagate will give priority to Baidu when providing enterprise storage products and relevant support. In addition, Seagate will also supply enterprise capacity and performance products.

Seagate Technology Announces the Availability of the LaCie(TM) 8big Rack Thunderbolt(TM) 2 in a 48 TB Capacity

LaCie, the premium brand from Seagate Technology announced the availability of the LaCie(TM) 8big Rack Thunderbolt(TM) 2 in a 48 TB capacity. The LaCie 8big Rack is the Thunderbolt 2 storage solution on the market with speeds of up to 1330 MB/s and eight Seagate(R) 6 TB 7200 RPM professional hard disks. Built to excel with 4K video workflows, it delivers ample bandwidth to support 10-bit, 4K footage. With this kind of performance, videographers can work directly from RAW files in Apple(R) Final Cut Pro(R) or Adobe(R) Premiere(R), get maximum quality from footage and see edits in real time.

Seagate Technology plc Announces Shipping of 8TB Hard Disk Drive

Seagate Technology plc announced it is shipping the 8TB hard disk drive. An important step forward in storage, the 8TB hard disk drive provides scale-out data infrastructures with supersized-capacity, energy-efficiency and the lowest total cost of ownership (TCO) in the industry for cloud content, object storage and back-up disaster recovery storage. A cornerstone for growing capacities in multiple applications, the 8TB hard drive delivers bulk data storage solutions for online content storage providing customers with the high capacity density needed to address an ever increasing amount of unstructured data in an industry-standard 3.5-inch HDD. Providing up to 8TB in a single drive slot, the drive delivers maximum rack density, within an existing footprint, for the most efficient data center floor space usage possible. The 8TB hard disk drive increases system capacity using fewer components for increased system and staffing efficiencies while lowering power costs. With its low operating power consumption, the drive reliably conserves energy thereby reducing overall operating costs. Helping customers economically store data, it boasts the best Watts/GB for enterprise bulk data storage in the industry.


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