Seagate Technology Holdings Plc


STX

Price

74.15


Change

3.4


High

74.43


Low

70.91


Avg Volume

2,012,092


PE Ratio

9.11


52 Week High

115.65


52 Week Low

69.42



Profile

Seagate Technology PLC is an American data storage company. It was incorporated in 1978 as Shugart Technology and commenced business in 1979. Since 2010, the company is incorporated in Dublin, Ireland, with operational headquarters in Cupertino, California, United States. Seagate developed the first 5.25-inch hard disk drive , the 5-megabyte ST-506, in 1980. They were a major supplier in the microcomputer market during the 1980s, especially after the introduction of the IBM XT in 1983. Today Seagate, along with its competitor Western Digital, dominates the HDD market. Much of their growth has come through their acquisition of competitors. In 1989, Seagate acquired Control Data Corporation's Imprimis division, the makers of CDC's HDD products. Seagate acquired Conner Peripherals in 1996, Maxtor in 2006 and Samsung's HDD business in 2011.


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