Seagate Technology’s chief executive officer told in an interview that Maxtor, the company that Seagate agreed to acquire just a day ago, had better abilities to make next-generation media than Seagate had. But the head of the world’s No.1 maker of hard disk drives would maintain its own roadmap and the reason why it had acquired Maxtor was intention to boost its revenue.
“We take their facilities, put our infrastructure in there and manufacture to their customer base – in what will become our customer base now. They utilize a lot of the same equipment we do, but they are more capable in making perpendicular media. They have some engineering we’re very interested in.” said Bill Watkins, chief executive for Seagate.
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