Seagate Technology
American data storage company
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| February 2025 | Seagate announced plans to acquire HDD equipment maker Intevac for $119 million in an all-cash deal. |
| January 17 2024 | Seagate announced the release of the first 30 TB HDD with the Exos Mozaic 3+ HDD series, utilizing Heat-Assisted Magnetic Recording (HAMR) and Shingled Magnetic Recording (SMR) technology. |
| 2023 | Seagate introduced the Exos Mozaic 3+ enterprise drive with over 30TB capacity, marking a significant expansion in their high-capacity storage offerings that can be sold to both enterprise customers and end users. |
| April 2023 | Seagate reached a settlement with the Department of Commerce, agreeing to pay $300 million—the largest civil penalty by BIS—for selling over 7.4 million hard drives to Huawei without authorization, including a three-stage audit of export controls compliance. |
| February 2023 | Seagate divested its LiDAR division to Luminar Technologies. |
| October 2022 | Seagate announced a restructuring plan to reduce headcount by 8%, equivalent to approximately 3,000 jobs. |
| August 2022 | Seagate received a letter from the U.S. Commerce Department's Bureau of Industry and Security (BIS) alleging export sanction violations to Huawei, which Seagate initially denied. |
| May 2022 | Seagate presented and demonstrated their LiDAR system at the Autosens conference in Detroit. |
| November 2021 | At the Open Compute Summit, Seagate demonstrated the industry's first HDD with a non-volatile memory express (NVMe) interface. |
| October 2021 | U.S. Senate Republicans reported that Seagate violated Export Administration Regulations by selling parts and components to Huawei following U.S. sanctions. |
| June 2021 | Seagate introduces the Exos CORVAULT, a 4U block storage system with dual storage controllers powered by Seagate's VelosCT chip. The system features Advanced Distributed Autonomic Protection Technology (ADAPT) and Autonomous Drive Regeneration (ADR) for automated maintenance and reduced e-waste. |
| February 2021 | Seagate launched Lyve Cloud, a cloud-based storage service developed in partnership with Equinix, targeting enterprise customers. |
| September 2020 | Seagate entered the object storage business by introducing CORTX, an open-source object storage software, and Lyve Rack, a reference architecture. The company also established a developer community on GitHub. |
| May 2020 | Seagate began laying off 500 employees across 12 countries and announced it was moving its headquarters from Cupertino to Fremont, California. |
| 2019 | Seagate invested £47 million in a research and development project at its factory in Derry, Northern Ireland. |
| 2019 | Backblaze released updated statistics reporting Seagate drives had the most failures in Q2, with Toshiba rated as having the best drives. |
| June 2018 | Seagate was honored at the 14th Annual Manufacturing Leadership Awards Gala in Huntington Beach, California. The company also invested in Series A and B of Ripple, an enterprise blockchain company. |
| July 25 2017 | Dave Mosley was appointed CEO of Seagate Technology, effective October 1, 2017, succeeding longtime CEO Steve Luczo who became executive chairman. |
| January 2017 | Seagate announces the shutdown of its large HDD assembly plant in Suzhou, China, which was originally part of Maxtor's operations since 2004. |
| August 2016 | Seagate demonstrates a 60 TB SSD at the Flash Memory Summit in Santa Clara, claiming it to be 'the largest SSD ever demonstrated'. |
| February 2016 | Seagate receives a class action lawsuit concerning defective hard drives. |
| 2015 | Seagate's NAS drives were discovered to have an undocumented hardcoded password, revealing a potential security vulnerability. |
| October 2015 | Seagate acquired Dot Hill Systems, a supplier of software and hardware storage systems, for approximately $696 million. |
| 2014 | Seagate acquired Xyratex, a storage systems company, for approximately $375 million, and purchased LSI's flash enterprise PCIe flash and SSD controller products from Avago for $450 million. |
| January 21 2014 | Tech articles globally published Backblaze's findings claiming Seagate hard disks are the least reliable among hard disk manufacturers, sparking a controversy about drive reliability. |
| September 2013 | Seagate becomes the first HDD company to begin shipment of shingled magnetic recording drives, shipping over 1 million such drives. |
| March 2012 | Seagate demonstrates the first 1 TB/square inch density hard drive, with potential scaling to 60 TB by 2030. |
| December 2011 | Seagate acquires Samsung's HDD business, gaining a 5-year license to use Samsung's trademark on HDD products. |
| July 2011 | Seagate changes its country of incorporation from the Cayman Islands to Ireland, becoming Seagate Technology plc. |
| 2010 | Seagate moves its headquarters and most staff from Scotts Valley to Cupertino, California. The company also reinstates its dividend and begins a stock buyback plan. |
| 2010 | Seagate was incorporated in Dublin, Ireland, changing its corporate headquarters location. |
| September 2010 | Seagate releases the first portable 1.5 TB hard drive. |
| June 2010 | Seagate releases the world's first 3 TB hard drive. |
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