Five years ago, almost to the day, Seagate issued a press release
stating that it had bought EVault Inc for $185 million. This allowed
Seagate to provide an online cloud-based backup service. It then renamed
it to i365 in September 2008, to reflect its all-year-round
availability. However, it has now made a screeching U-turn and renamed
the service back to EVault. Why? Apparently, because i365 has no product
recognition, but EVault has plenty. One wonders what took them so long
to figure this out? You can currently see a marketing graphic about this
on the EVault homepage. We have taken a snapshot of it below, to preserve it.
Source: The Register
Showing posts with label Seagate. Show all posts
Showing posts with label Seagate. Show all posts
Sunday, December 25, 2011
Thursday, November 3, 2011
Seagate Streamlines Barracuda Product Family; Simplifies Selection for Consumers
Seagate is streamlining its flagship family of desktop drives under a
single product that hones in on performance and big capacities to help
satisfy the explosive growth in content creation and consumption by
businesses and consumers worldwide. The new Barracuda family makes it
easier for consumers to find the product they need and reduces costs for
Seagate’s original equipment manufacturer and distribution channel
customers by reducing the number of product qualifications and amount of
inventory they need to manage.
“A simpler desktop drive product family is exactly what Seagate customers are asking for,” said Scott Horn, vice president of Marketing at Seagate. “The new Barracuda family reflects the reality that end-users want a full range of hard drive capacities and as much performance as we can give them to help manage and store massive amounts of digital content. In addition, our OEM and channel customers want to reduce overhead costs by having fewer product lines to qualify and manage in their inventory.”
Desktop PC performance is growing in importance as computer users consume and otherwise use more and more multimedia – a blend of text, audio, images, animation and video – and other rich-content files in areas as diverse as business, advertising, art, education, entertainment, engineering, medicine, mathematics and science. Higher hard drive performance often means a faster computer and quicker access to this content.
The new Barracuda hard drive – to be available first at online retailers Amazon, CDW, Newegg and TigerDirect – is designed for desktop, tower or all-in-one personal computers; workstations, home and small business servers; network-attached storage devices; direct-attached storage expansion; and home and small-business RAID solutions. Capacities of the family range from 250GB to a massive 3TB.
The simplification of the Barracuda family comes as Seagate begins volume shipments of its 1TB-per-disk Barracuda hard drive. Seagate plans to end production of its Barracuda® Green drive in February 2012. Seagate analysis shows that its new Barracuda drives have a nearly identical power-consumption profile as energy-efficient desktop drives but deliver much higher performance. Barracuda XT, Seagate’s fastest desktop hard drive, will be folded into the new Barracuda family and re-emerge, in name, as the company’s desktop solid state hybrid drive.
Technical Specifications
The new Barracuda hard drive features a SATA 6 Gb/s interface, 7200 RPM spin speed and up to 64 MB cache to deliver high performance across all capacities. Seagate’s SmartAlign technology, a feature of Seagate’s Barracuda Green drives, will continue to ship with the flagship Barracuda drives to help the hard drive industry segue from the current 512-byte sector standard for hard drives to the new 4096-byte sector size. The new 4K standard enables the use of stronger error correction algorithms to maintain data integrity at higher storage densities and capacities.
Environmental Commitment
Seagate is committed to building hard drives to the highest quality and environmental standards. More than 70 percent of materials used in its storage products are recyclable, and all of its products are halogen-free and comply with the rigorous REACH standard. These and other initiatives at Seagate are what truly make a difference to the environment.
Source
“A simpler desktop drive product family is exactly what Seagate customers are asking for,” said Scott Horn, vice president of Marketing at Seagate. “The new Barracuda family reflects the reality that end-users want a full range of hard drive capacities and as much performance as we can give them to help manage and store massive amounts of digital content. In addition, our OEM and channel customers want to reduce overhead costs by having fewer product lines to qualify and manage in their inventory.”
Desktop PC performance is growing in importance as computer users consume and otherwise use more and more multimedia – a blend of text, audio, images, animation and video – and other rich-content files in areas as diverse as business, advertising, art, education, entertainment, engineering, medicine, mathematics and science. Higher hard drive performance often means a faster computer and quicker access to this content.
The new Barracuda hard drive – to be available first at online retailers Amazon, CDW, Newegg and TigerDirect – is designed for desktop, tower or all-in-one personal computers; workstations, home and small business servers; network-attached storage devices; direct-attached storage expansion; and home and small-business RAID solutions. Capacities of the family range from 250GB to a massive 3TB.
The simplification of the Barracuda family comes as Seagate begins volume shipments of its 1TB-per-disk Barracuda hard drive. Seagate plans to end production of its Barracuda® Green drive in February 2012. Seagate analysis shows that its new Barracuda drives have a nearly identical power-consumption profile as energy-efficient desktop drives but deliver much higher performance. Barracuda XT, Seagate’s fastest desktop hard drive, will be folded into the new Barracuda family and re-emerge, in name, as the company’s desktop solid state hybrid drive.
Technical Specifications
The new Barracuda hard drive features a SATA 6 Gb/s interface, 7200 RPM spin speed and up to 64 MB cache to deliver high performance across all capacities. Seagate’s SmartAlign technology, a feature of Seagate’s Barracuda Green drives, will continue to ship with the flagship Barracuda drives to help the hard drive industry segue from the current 512-byte sector standard for hard drives to the new 4096-byte sector size. The new 4K standard enables the use of stronger error correction algorithms to maintain data integrity at higher storage densities and capacities.
Environmental Commitment
Seagate is committed to building hard drives to the highest quality and environmental standards. More than 70 percent of materials used in its storage products are recyclable, and all of its products are halogen-free and comply with the rigorous REACH standard. These and other initiatives at Seagate are what truly make a difference to the environment.
Source
Friday, October 21, 2011
Seagate Technology Reports Fiscal First Quarter Financial Results
Seagate Technology plc today reported financial results for the quarter
ended September 30, 2011. The company shipped 51 million disk drives and
reported revenue of $2.8 billion, gross margin of 19.5%, net income of
$140 million and diluted earnings per share of $0.32. On a non-GAAP
basis, which excludes the net impact of certain items, Seagate reported
net income of $146 million and diluted earnings per share of $0.34 for
the quarter ended September 30, 2011. For a detailed reconciliation of
non-GAAP to GAAP results, see accompanying financial tables.
Additionally, Seagate returned $75 million to shareholders in the form of a dividend and repurchased $128 million of ordinary shares during the first fiscal quarter.
Acquisition of Samsung's Hard Disk Drive Assets
The European Commission announced on October 19, 2011 that they have approved under the EU Merger Regulation, Seagate's proposed acquisition of Samsung's hard disk drive assets. The company will continue to work with other regulatory bodies to secure additional approvals in the coming weeks. Seagate believes the transaction will close by the end of calendar year 2011.
Investor Communications
Seagate will hold a conference call to review its first fiscal quarter today at 2:00 p.m. Pacific Time. The conference call will consist of opening comments from Steve Luczo, CEO, followed by a question and answer session with the executive management team. During today's conference call, the company will provide an update on its Thailand operations. In light of the situation in Thailand, the company will provide limited guidance for the December quarter.
Seagate has issued a Supplemental Commentary document. The Supplemental Commentary will not be read during today's call, but rather it is available in the investor relations section of seagate.com.
Dividend
The Board of Directors has approved a quarterly cash dividend of $0.18 per share which will be payable on November 18, 2011 to shareholders of record as of the close of business on November 3, 2011. The payment of any future quarterly dividends will be at the discretion of the Board and will be dependent upon Seagate's financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board.
For more information, visit this page.
Source
Additionally, Seagate returned $75 million to shareholders in the form of a dividend and repurchased $128 million of ordinary shares during the first fiscal quarter.
Acquisition of Samsung's Hard Disk Drive Assets
The European Commission announced on October 19, 2011 that they have approved under the EU Merger Regulation, Seagate's proposed acquisition of Samsung's hard disk drive assets. The company will continue to work with other regulatory bodies to secure additional approvals in the coming weeks. Seagate believes the transaction will close by the end of calendar year 2011.
Investor Communications
Seagate will hold a conference call to review its first fiscal quarter today at 2:00 p.m. Pacific Time. The conference call will consist of opening comments from Steve Luczo, CEO, followed by a question and answer session with the executive management team. During today's conference call, the company will provide an update on its Thailand operations. In light of the situation in Thailand, the company will provide limited guidance for the December quarter.
Seagate has issued a Supplemental Commentary document. The Supplemental Commentary will not be read during today's call, but rather it is available in the investor relations section of seagate.com.
Dividend
The Board of Directors has approved a quarterly cash dividend of $0.18 per share which will be payable on November 18, 2011 to shareholders of record as of the close of business on November 3, 2011. The payment of any future quarterly dividends will be at the discretion of the Board and will be dependent upon Seagate's financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board.
For more information, visit this page.
Source
Subscribe to:
Posts (Atom)