You may have noticed Seagate in the news lately, with reports of TPG Capital working on lining up the cash to make a bid on the company and take it private. Last week, news broke that TPG may not be able to line up the cash, because its potential partner, Bain Capital was losing interest in making the deal with them. Now, according to the New York Post there is another 'buyer' waiting in the wings. Potential consolidation partners include Toshiba, Samsung, and Western Digital. (And some find the novels of Charles Dickens confusing?)
What do you think? Do you think it is more logical for Seagate, one of the world's largest maker of hard drives, to be consolidated with one of the other big memory players (and its current rivals), or would you rather see Seagate remain an independent company? Sound off below.
I think the whole idea of Seagate selling out is a bad idea. They are going through a low period right now but all it's going to take to turn it around is to pull manufacturing out of china and put it back in thailand or anywhere else and take qc to an extreme until the seagate drive is the last drive to fail, right now it's the first.
"Potential consolidation partners include Toshiba, Samsung, and Western Digital." A merger of seagate and WDC doesnt make any sense. Both of them have similar productline and compete head to head. I would say sandisk or toshiba is a better choice. This way we can see hybrid harddisks (nand+magnetic) in market sooner :).