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Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally.
It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. The company also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, and Expansion product lines, as well as under the LaCie brand name; desktop drives; notebook drives, DVR HDDs, and gaming SSDs. In addition, it provides Lyve edge-to-cloud mass capacity platform. The company sells its products primarily to OEMs, distributors, and retailers.
Seagate Technology Holdings plc was founded in 1978 and is based in Dublin, Ireland.
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BOSTON--(BUSINESS WIRE)--Wasabi Technologies, the hot cloud storage company, today announced it has acquired the Lyve Cloud business from Seagate Technology (NASDAQ: STX), a leading innovator of mass-capacity data storage. Under the terms of the agreement, Seagate received equity in Wasabi and became a shareholder of the company. Additional financial terms were not disclosed. “This acquisition strengthens our position as the world's leading pure-play cloud storage vendor,” said David Friend, co.
BOSTON--(BUSINESS WIRE)--Wasabi Technologies, the hot cloud storage company, today announced it will acquire the Lyve Cloud business from Seagate Technology LLC (NASDAQ: STX), a leading innovator of mass-capacity data storage. Under the terms of the agreement, Seagate will receive equity in Wasabi and become a shareholder of the company. Additional financial terms were not disclosed. “This acquisition strengthens our position as the world's leading pure-play cloud storage vendor,” said David Fr.
Seagate (STX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Shares of Seagate Technology Holdings PLC (NASDAQ: STX - Get Free Report) reached a new 52-week high during mid-day trading on Monday after Morgan Stanley raised their price target on the stock from $468.00 to $582.00. Morgan Stanley currently has an overweight rating on the stock. Seagate Technology traded as high as $470.23 and last traded
That prognosticator also flagged the company as his bank's top pick in the IT hardware segment. Seagate continues to benefit from demand for resource-hungry AI technology.
Seagate Technology's stock is surging to fresh highs. One group of analysts thinks the rally can keep rolling.
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SeaTown Holdings Pte. Ltd. purchased a new position in Seagate Technology Holdings PLC (NASDAQ: STX) during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 32,500 shares of the data storage provider's stock, valued at approximately $8,950,000. Seagate Technology accounts for about 5.2%
Allspring Global Investments Holdings LLC cut its holdings in shares of Seagate Technology Holdings PLC (NASDAQ: STX) by 16.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,230 shares of the data storage provider's stock after selling
