I heard the rumors of Intel or Cisco are in discussion to acquire Seagate. Is there any truth behind this?
8 replies (most recent on top)
well the first steps have happened: http://www.theregister.co.uk/2016/04/05/seagate_intel_lustre_and_gets_omnipath/
not seagate proper, Clusterstor
drowning people are dangerous, they will drag you under to stand on your back to save their own skin.
companies behave the same way.
Intel should just focus on its Flash tech and let Seagate self destruct
Insea or Seatel (sound familiar...) in the merge...good!
I work at Intel and I heard this rumor too. So I decided to check out Seagate's board and funny enough it's being mentioned here.
Intel own backside is in trouble, and they want to acquire Seagate? LOL
I seriously doubt either Intel or Cisco is that stupid.
Dream on.
RIF will continue next year till the total number of employees are 30,000 and profits increase due to RIF and investors are satisfied with the share price/ dividends.
Best of luck!!!