Seagate looks to corporate data storage to boost business

Seagate looks to corporate data storage to boost business
Tom Foremski
Seagate Technology is planning to move into the data storage services business, establishing large data storage centres that will be used by companies to help store increasing amounts of key data.
The move follows on the heels of Intel’s recent announcement that it is establishing huge web server farms that will provide corporate hosting services. Seagate has not yet released details of its plans but says it is considering teaming with another company.
Setting up large data storage centres will offer Seagate a way to diversify from its core business of selling disk drives, a competitive market with slim profits. The company, however, is claiming it is doing a lot better in the high end disk drive business and has won market share from IBM.


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