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Blog 'hwreviews' » Seagate to Buy Samsung's Hard Disk Drive Business

SCOTTS VALLEY, Calif. -- Seagate is buying the hard disk drive business of Samsung in a $1.38 billion deal that gives the South Korean electronics manufacturer a nearly 10 percent stake in Seagate.

Seagate Technology and Samsung Electronics Co. said Tuesday they also agreed to extend their patent cross-licensing agreement and co-develop business data storage products.

Read more: »www.sacbee.com/2011/04/1 ··· yWBupXc

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