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Seagate Buys Maxtor

by Maarten Goldstein, Dec 21, 2005 5:50am PST
Related Topics – Hardware (PC only)

Hard drive manufacturer Seagate today announced that it is buying rival Maxtor in a 1.9 billion dollar deal. Seagate hopes the deal will add 10 percent to 20 percent to its earnings during the first year of the merger.




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