STX - Seagate Technology PLC Archives

Seagate Buying Xyratex at 27% Premium

We recently wrote about Seagate (STX) so wanted to update you on this acquisition. Seagate is buying Xyratex (XRTX). Xyratex is a UK based data storage company and ostensibly this acquisition adds customers and improves Seagate’s supply chain. Seagate is paying $374 million for the acquisition that translates to $13.25/share. Xyratex’s shares closed today at… [Read More]

Stock Review: $STX–Seagate Technology is Fully Valued today


Seagate Technology PLC (Stock: STX) is a US based company specializing in hard disk drives and storage solutions. They compete in markets such as ‘client compute’ which includes desktop and mobile computing, ‘client non compute’ that includes storage systems for other electronic devices such as gaming console system and digital home theaters etc. and ‘enterprise… [Read More]