Profile: Seagate Technology PLC (STX.O)
28 Jan 2015
Seagate Technology plc (Seagate), incorporated on January 22, 2010, is the provider of electronic data storage products. The Company’s principal products are hard disk drives, commonly referred to as disk drives, hard drives or HDDs. The Company produces a range of disk drive products addressing enterprise applications, where its products are designed for enterprise servers, mainframes and workstations; client compute applications, where its products are designed for desktop and notebook computers, and client non-compute applications, where its products are designed for a range of end user devices, such as digital video recorders (DVRs), personal data backup systems, portable external storage systems and digital media systems. In addition to manufacturing and selling disk drives, the Company provides data storage services for small- to medium-sized businesses, including online backup, data protection and recovery solutions. The Company sells its disk drives primarily to original equipment manufacturers (OEMs), distributors and retailers. On December 19, 2011, the Company completed the acquisition of Samsung Electronics Co., Ltd's (Samsung) hard disk drive business. In August 3, 2012, it acquired 64.5% of LaCie S.A. In April 2014, Seagate completed the acquisition of Xyratex Ltd. In September 2014, Seagate Technology PLC completes acquisition of the assets of LSI's Accelerated Solutions Division (ASD) and Flash Components Division (FCD) from Avago Technologies Limited.
The Company offers a range of disk drive products for the enterprise, client compute and client non-compute market applications. It offers more than one product within each product family and differentiates products on the basis of price, performance, form factor, capacity, interface, power consumption efficiency, security features like full disk encryption and other customer integration requirements. Its product offerings include Cheetah SCSI/SAS/Fibre Channel Family; Savvio SCSI/SAS/Fibre Channel Family; Constellation ES SATA Family; Pulsar Family; Momentus ATA/SATA Family; Spinpoint SATA Mobile Family; Spinpoint SATA Desktop Family; Barracuda ATA/SATA Family; Pipeline HD and DB35 SATA Family and Pipeline Mini SATA Family.
The Company’s Cheetah 3.5-inch disk drives ship in 10,000 and 15,000 revolutions per minute (RPM) and in storage capacities ranging from 73 gigabytes to 600 gigabytes. Commercial uses for Cheetah disk drives include Internet and e-commerce servers, data mining and data warehousing, mainframes and supercomputers, department/enterprise servers and workstations, transaction processing, professional video and graphics and medical imaging.
The Company ships its fifth generation Savvio 2.5-inch enterprise disk drive featuring increased throughput and improved energy efficiency, targeted at space optimized enterprise storage systems. Its Savvio disk drives ship in 10,000 and 15,000 RPM and in storage capacities ranging from 73 gigabytes to 900 gigabytes.
The Company’s Constellation disk drives ship in both 2.5-inch and 3.5-inch and in storage capacities of up to 1 terabytes and 3 terabytes, respectively, at 7,200 RPM. The Constellation is designed for reference data environments.
The Company’s Pulsar family of products are performance-optimized solid state drives for high-value, critical data, requiring enterprise class endurance and reliability in capacities ranging from 50 gigabytes to 800 gigabyte
The Company’s Momentus family of disk drives for mobile computing disk drive products ship in 5,400 and 7,200 RPM and in capacities ranging from 160 gigabytes to 1 terabytes. Momentus disk drives are used in notebooks for business, government, education and consumer applications. Consumer uses for Momentus disk drives also include tablets and digital audio applications. Its Momentus 7200.4 is a 7,200 RPM disk drive for notebooks. Hybrid disk drives incorporate both a hard disk drive and NAND flash storage.
The Company’s Barracuda 3.5-inch disk drives ship in 5,400 and 7,200 RPM and in storage capacities of up to 3 terabytes. Barracuda disk drives are designed for applications, such as personal computers (PCs), workstations and personal external storage devices.
The Company’s Spinpoint M8 2.5-inch mobile computing disk drives ship in 5,400 RPM, come in storage capacities of up to 1 terabytes, and continue to be produced under the Samsung brand name.
The Company’s Spinpoint F3 3.5-inch desktop computing disk drives ship in 7,200 RPM, come in storage capacities of up to 1 terabytes, and continue to be produced under the Samsung brand name.
The Company sells its 3.5-inch Pipeline high definition (HD) and DB35 disk drives primarily for use in DVRs. These disk drives are optimized for digital entertainment and range from 160 gigabytes to 2 terabytes.
The Company sells its 2.5-inch, 5,400 RPM Pipeline Mini disk drives, with capacities ranging from 160 gigabytes up to 500 gigabytes, for use in low-profile DVRs, gaming consoles, home entertainment devices and small footprint media PCs.
The Company ships external backup storage solutions under its Free Agent Go and Free Agent Go Flex product lines. Both of these product lines utilize its 3.5-inch and 2.5-inch disk drives, which are available in capacities up to 3 terabytes and 1 terabytes, respectively.
The Company competes with Western Digital Corporation and Toshiba Corporation.
Seagate Technology PLC
38/39 Fitzwilliam Square, Dublin
Company Web Links
- Fitch Revises MMI's Outlook to Negative; Affirms Ratings at 'BB-'
- Weak retail business in Europe hits Seagate revenue
- UPDATE 3-Weak retail business in Europe hits Seagate revenue
- Fitch Rates Seagate HDD Cayman's Sr. Unsecured Notes 'BBB-'; Outlook Stable
- Seagate profit, revenue beat Street on PC, cloud demand