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I've always been a fan of Seagate (what does that even mean?). Anyways, it seems their acquisition of Maxtor wasn't such a terrible idea at all!

Seagate Technology's acquisition of competitor Maxtor spurred a price war in the first half of 2006 as HDD suppliers vied to capture a portion of the market-share vacuum left open by the merger. The industry also faced shortages of glass media, along with minor shortfalls of other components near the end of the year.

The top-two leading HDD suppliers also made gains in the fourth quarter of 2006. Seagate's share of 34.6% in the fourth quarter was up a notch from 34.3% in the third quarter. Western Digital Corporation (WDC) held its second-place position at 20.5%, also up slightly from 19.9% in the previous quarter. However, number-three Hitachi GST's share was 17.2%, down slightly from 17.5% in the third quarter.

Source: DigiTimes

About The Author

Editor in Chief

Stephen is Editor in Chief of MEGATechNews' big brother site, Futurelooks.com. His interests include all things techie, but in particular, computer hardware, and cooking. When he's not geeking out, he's a father of three kids, Lexi, Tiberius, and Jaxon.

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