Tweet

Maxtor To Grab Quantum Hard Drive Division In Stock Deal

By Doug Olenick -- TWICE, 10/4/2000

P>Milipitas, Calif. - Maxtor reported today it will purchase Quantum's hard drive division for $1.3 billion in stock.

If the deal is concluded Maxtor would become the world's largest hard drive manufacturer, capable of shipping about 50 million drives per year. These are typcially used in PCs and digital video recorders. The deal does not include Quantum's storage system division, which will continue to operate as a separate entity.

Maxtor and Quantum historically have taken turns claiming to have the largest capacity hard drive on the market. Last week Maxtor continued this by introducing an 80GB 1394 external drive capable of storing 20,000 songs or 80 hours of video. It will start shipping by mid-October with a $279 suggested retail price.

Tweet

Talkback

We would love your feedback!

Post a comment

» View All Talkback Threads

Related Content

• Topics
• Author

No related content found.

Also by this author

• AMD Reveals Tablet Processor Plans

• Canon Adds Three AIO Printers

• Toshiba Pops U840 Ultrabook Onto The Asian Market

• TWICEfeb13

• Intel Ultrabook Updates Displayed, Outlined At CES

» MORE

• Resource Center
• Browse Categories
• Browse Companies

Featured Company

• Shopatron

  

  Shopatron is the world's leading provider of global eCommerce for consumer goods. With Shopatron, orders placed on branded websites are offered to a managed network of global partners for fulfillment, typically for assignment to local retailers. Local fulfillment translates to..more

---

Most Recent Resources

• Bicycles & eCommerce
• Benchmark Study of Shopatron Retailers
• Web 2.0: Engaging Customer Passion
• A Branded Manufacturers Guide to Holiday eCommerce Success
• Maximise Content Delivery Performance