Company Analysis: Seagate Technology Inc. Seagate Technology Inc is one of the largest independent producers of disk drives in the world, whose headquarters is at Scotts Valley, California. The company was established in the year 1979 by Alan Shugart, Tom Mitchell and Doug Mahon, after which it grew very fast following the innovative nature of the founders. Company Analysis: Seagate Technology Inc.
As reported by Schmitt (1999), Seagate Technology Inc was the first to produce a 5 Mega Byte drive which could use 5.25” platters, making it idyllic for escalating desktop computer business. It has been reported that, Seagate Technology Inc was the first corporation to ship 10 million drives within a period of one month; implying that the company’s popularity in the market was outstanding.
Company Analysis: Seagate Technology Inc
In conclusion, Seagate Technology Inc has been revealed as one of the largest independent producers of rigid magnetic disk drives for both desktop computers and servers. The advancement of technology has seen Seagate Technology Inc extended its operations and engage in mobile computing; a strategy that has facilitated its growth. Through various acquisitions, the company’s superiority in the industry has been maintained, with steady growth of its revenues over years. Despite of various fluctuations of demand of the company’s products due to changes in demand of its products, as shown in the economic recession of 1997/98 and 2008/09, Seagate Technology Inc performance has remained outstanding compared to other corporations in the industry. Company Analysis: Seagate Technology Inc.
Bliss, J. (2000, Feb 12). Seagate Steaming Ahead with Acquisition of Conner. Computer Reseller News, p. 12B, 14S.
Kindel, S. (2006). Maverick: How Seagate Is Winning the Disc Drive Wars Through Vertical Integration. Financial World, Vol. 8(2), p. 44-47. Company Analysis: Seagate Technology Inc.
Ostetler, M. (1999). Hardware-maker Seagate Wants the Lead in Software Game. Business Journal, Vol. 14(1), p. 7.
Schmitt, R.B. (1999, September 23). Seagate Technology’s Mitchell Resigns As Board Decides to Shift Management. Wall Street Journal, pp. B4 (W), B8 (E).
Yamada, K. (2000, June 1). Once-Battered Seagate Gains in Computer Price War. Wall Street Journal, pp. B2, B4. Company Analysis: Seagate Technology Inc.