Feeds

Articles about Dave Mosley

Seagate CTO hangs up his hard disks

Seagate's chief technology officer Bob Whitmore has retired, at the same times as the company has launched its third generation flash products. A company statement read: Bob Whitmore Bob Whitmore On May 7, 2013 Robert W. Whitmore, Executive Vice President and Chief Technology Officer of Seagate Technology plc (the "Company") …
Chris Mellor, 09 May 2013
ClusterStor 1500

Xyratex being bought by Seagate in $374m Xmas splurge

Christmas has come early for some: Seagate is aiming to buy HDD test equipment and HPC array maker Xyratex for $374 million in cash. The offer is $13.25 for each Xyratex share, which is 27 per cent higher than last Friday's closing Xyratex share price. There is a definitive agreement between Seagate and Xyratex to do the deal …
Chris Mellor, 23 Dec 2013
Seagate logo

Now Seagate posts declining results. Can new tech lift it upwards?

Seagate announced disappointing quarterly results but its underlying trends are positive as it makes big bets on new technologies. In the quarter ended September 27 Seagate’s revenues were $3.5 billion ($3.7 billion a year ago) with profits of $427 million ($582 million a year ago). The annual compare is coming off the tail-end …
Chris Mellor, 29 Oct 2013
cloud

Seagate gets new global sales head

Seagate has announced a new EVP for global sales and marketing, Albert 'Rocky' Pimentel, while some doubt remains about the fate of previous incumbent Dave Mosley. Pimentel replaces interim EVP Karl Richarz, who we are told was put in place "as Seagate’s management team planned its realignment strategy". He will "continue to …
Chris Mellor, 11 Apr 2011

Seagate stuffs $40m into flash card shuffler Virident

Number two disk drive manufacturer Seagate reported adequate results for its second quarter and also 'fessed up to making a $40m investment in PCIe flash card maker Virident. Revenues for its second fiscal 2013 quarter were $3.67bn, a nice 14.7 per cent increase on the same quarter a year ago but down 1.7 per cent or $62m on the …
Chris Mellor, 29 Jan 2013
homeless man with sign

Seagate slam-dunks flood-hit rivals with triple-profit Q2

Seagate, the world's numero uno disk drive manufacturer, notched up a brilliant second 2012 quarter with revenues and profits soaring up above flood-diminished rival WD. Revenues were $3.2bn and net income of $563m, which compares to $2.7bn revenue and $150m net income in the year-ago quarter. A 19 per cent increase in revenues …
Chris Mellor, 01 Feb 2012
chart

Seagate pushes SSDs as part of recovery drive

Seagate's first 2010 fiscal quarter brought cheering news and a better outlook as its numbers continue to recover and it beings sampling its solid state drive with OEMs. Revenue for the quarter, which featured improving demand, was $2.66bn compared to the year-ago quarter's $3.033bn. Despite the $370m lower revenues Seagate made …
Chris Mellor, 21 Oct 2009
globalisation

Seagate sales surge in Q2

Seagate's second fiscal 2010 quarter was a blast, with revenues up a third and half a billion profit. Seagate took $3.3bn in the last calendar quarter of 2009, that's 33 per cent up on the year-ago quarter's $2.27bn. It made a $533m profit, which compares astoundingly well to the loss of $2.8bn - yes, billion - a year ago. …
Chris Mellor, 21 Jan 2010
channel

Seagate shines under Luczo's law

Luczo's law seems to suit Seagate - it's just raised its quarterly revenue guidance. Since ousting Bill Watkins six months ago in January, and retaking the CEO reins, board chairman Stephen Luczo has reshaped Seagate, cut costs, and regained 2.5-inch drive parity with Western Digital, if not leadership, positioning the company …
Chris Mellor, 26 Jun 2009