Quote:
Scotts Valley, CA, and Milpitas, CA, December 21, 2005 – Seagate (NYSE: STX) and Maxtor (NYSE: MXO) today jointly announced they have entered into a definitive agreement under which Seagate will acquire Maxtor in an all stock transaction. Under the terms of the agreement, which has been unanimously approved by the boards of directors of both companies, Maxtor shareholders will receive .37 shares of Seagate common stock for each Maxtor share they own. When the transaction is completed Seagate shareholders will own approximately 84% and Maxtor shareholders will own approximately 16% of the combined company. The value of the transaction is approximately $1.9 billion.
Quote:
The Maxtor drive was one of the warmest drives before it was even asked to start working. Burdening it with all of these tests and transfers increased the temperature some more, but only by a meager 1.5 degrees. Seeing drives from other manufacturers tells me that Seagate seems to have a few tricks up their sleeve that Maxtor and Hitachi may want to investigate. The temperatures are not excessive, and could easily be dropped with even a modest cooling fan, but cooler electronics are generally happier electronics (longer life, more stable performance).