I don't see any chance this company could survive in long run other than making SSD
If WD can acquired SanDisk why don't we go for Kingston?
6 replies (most recent on top)
@3dvv : Sigh.... Why so serious?
The person was clearly joking. They used the pseudonym "lulz". Google it to see what it means.
lulz : are you serious?...Seagate, a struggling $12B market cap company, led by an inept management team, who keeps pushing the notion of a "bright future" based on the perennially "imminent productization" of BS technologies such as HAMR (2yrs away from mass production for the past 10-12 yrs) , to buy Samsung (14th largest company in the world/$326B market cap), or Intel ($213B market cap). Get real!
Can anybody name a single successful big executive business decision in the last 10 years? I can't wait to hear about them.
Totally agree with X-man. Seagate does not have a good record of being able to integrate non-core business successfully. Their foray into the storage systems business was a total disaster IMHO. They were never able to capitalise on the strength of Xyratex. They acquired eVault years ago but were also not able to capitalise on it. Acquired Samsung Hard Drive Division, built a nice design center in South Korea only to shut it down a few years later. The Senior Leadership team just does not know how to integrate companies that they had acquired and capitalise on the strengths of these acquired companies. They have been in the hard disk drive business for too long and all they can relate to are processes relating to hard disk drives. Unless there is a change of the Senior Leadership team nothing is going to change IMHO.
Acquire ssd manufacturer. Send the core team for integration. Complain that ssd processes are not efficient. Shut down the company in 2 years. The Seagate way.
Samsung or Intel would be better choices.