Giant Buying from Segate

Giant purchase $ 450 million from the Technology giant.

Seagate SSD in the field in order to increase the effectiveness of performing a new purchase. Avago located within the LSI's Accelerated Solutions Division and the Department of Flash Components for $ 450 million in the area, Seagate strategy to become a leader in all storage solutions strengthens.

Seagate CEO Steve Luczo in connection with the purchase, "our customers to provide different solutions in the field of data storage, our only goal. With this purchase, we will present in flash storage facilities will vary significantly. LSI's Accelerated Solutions Division PCIe flash products with the most extensive in the industry. Flash Components Division is the best in class. This acquisition will increase Seagate's flash storage directly on the depth and Seagate's road map to guide acceleration. "He said.

In recent years, part of Samsung's hard disk drive manufacturer LaCie draws attention to the different designs and buy Seagate's economic objectives in the field has reached a high level. Located within the enterprise SSD product line and the company through a combination of buying at least $ 150 million in 2015 'aims to create an income.

After purchasing the necessary regulatory approvals process expected to be completed in the 3rd quarter of 2014.