Seagate/Samsung alliance

Tuesday, 03 May, 2011

Seagate and Samsung have agreed to expand and strengthen their relationship by further aligning their ownership, investments and key technologies.

Major elements of the agreement include: Samsung combining its hard disk drive (HDD) operations into Seagate; extending and enhancing the existing patent cross-licence agreement between the companies; a NAND flash memory supply agreement under which Samsung will provide Seagate with its semiconductor products for use in Seagate’s enterprise solid state drives, solid state hybrid drives and other products; a disk drive supply agreement under which Seagate will supply disk drives to Samsung for PCs, notebooks and consumer electronics; expanded cooperation between the companies to co-develop enterprise storage solutions; Samsung receiving significant equity ownership in Seagate; a shareholder agreement under which an executive of Samsung will be nominated to join Seagate’s board of directors.

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