Feeds

Seagate amazed by its own regulatory compliance

Mono-p-olice clear desks before summer hols

Beginner's guide to SSL certificates

Seagate was pleasantly surprised at how easily its $1.9bn swallowing of Maxtor last year passed regulatory muster.

The deal got the final thumbs up from shareholders in May after US and EU scrutineers greenlighted the deal in double-quick time. Seagate now controls more than 60 per cent of the enterprise HDD market.

Bosses didn't think they would get the go ahead until at least September this year, and had predicted that the union would only be fully consummated "early calendar 2007". The dual-branded giant now expects to be fully integrated by December, months ahead of schedule.

Seagate EMEA sales and business development director Kevin O'Dwyer told The Register monopolies watchdogs had let it through "surprisingly smooth and quick".

The EU explained its decision in a statement dated April 27:

On the supply side, there are eight other HDD manufacturers who compete against Seagate and Maxtor in the overall HDD business, of which three are in the enterprise HDD market. Manufacturers who are active in the production of HDDs for other applications face relatively low barriers to entry into the neighbouring HDD markets. Moreover, existing capacities in the different HDD markets can be extended without major cost and delay.

Seagate said it would use its even bigger pie slice to stabilise supplies to its customers for better retention, rather than flood the market to squeeze weaker competitors. The Maxtor brand will be maintained for retail external HDDs, where Seagate recognises its pull with punters. Although it has laid off 6,000 Maxtor staff, manufacturing capacity will increase.

The comments came at its annual marketing blitz, where it showcased a raft of products it has been trailing for some time. Seagate's sales types will push consumer storage and notebook drives as their strongest prospect for revenue growth in light of relatively stagnant forecasts in desktop and enterprise sectors. By adding an 1.8 inch iPod-friendly 60GB, 5mm form factor HDD to its range, Seagate reckons it now has the magnetic platters for every occasion.

The most notable enterprise offering was the Barracuda ES SATA drive, which bucks the trend towards faster spindles by slowing things back down to 7,200rpm. Seagate's wheeze is to punt reliability and capacity – 750GB – over performance.®

Remote control for virtualized desktops

More from The Register

next story
NSA SOURCE CODE LEAK: Information slurp tools to appear online
Now you can run your own intelligence agency
Azure TITSUP caused by INFINITE LOOP
Fat fingered geo-block kept Aussies in the dark
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Cloud unicorns are extinct so DiData cloud mess was YOUR fault
Applications need to be built to handle TITSUP incidents
Stop the IoT revolution! We need to figure out packet sizes first
Researchers test 802.15.4 and find we know nuh-think! about large scale sensor network ops
Turnbull should spare us all airline-magazine-grade cloud hype
Box-hugger is not a dirty word, Minister. Box-huggers make the cloud WORK
SanDisk vows: We'll have a 16TB SSD WHOPPER by 2016
Flash WORM has a serious use for archived photos and videos
Astro-boffins start opening universe simulation data
Got a supercomputer? Want to simulate a universe? Here you go
Do you spend ages wasting time because of a bulging rack?
No more cloud-latency tea breaks for you, users! Get a load of THIS
prev story

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.