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It has been confirmed - Samsung are set to combine their Hard Disk Drive Operations with Seagate. Samsung set to receive significant equity ownership in Seagate while extending and enhancing the existing cross-license agreement between both companies. Included is a NAND flash memory supply agreement in which Samsung will provide Seagate with market-leading semiconductor products for use in Seagate's enterprise solid state drives, solid state hybrid drives and other products.
A disk drive supply agreement under which Seagate will supply disk drives to Samsung for PCs, notebooks and consumer electronics. Expanded cooperation between both companies to co-develop enterprise storage solutions. Finally, a shareholder agreement in which an executive from Samsung will be nominated to join Seagate's Board of Directors.
The combined value of the above transactions, agreements and love is worth approximately $1.375 billion USD which will be paid by Seagate to Samsung in teh form of 50-percent stock and 50-percent cash.
Samsung is looking to sell its money-losing hard disk drive business to raise cash to invest in new growth areas - yes, Samsung are looking to close up their HDD business and sell up shop. Samsung is looking to sell the unit for $1.5 billion and may consider deals under $1 billion.
A potential buyer of the business? Seagate. There's not much else known about this yet - but I'm sure we'll find out soon enough.
After spending the last week on the out of stock list the OCZ Technology Vertex 3 120GB has once again popped back up on Newegg. Newegg is listing the 120GB model at 299.99, a 50 Dollar price premium over the MSRP but that's just the way it goes when looking for the fastest SSD currently available on the market.
Hit the Source Link at the bottom to go directly to Newegg and be sure to read our Vertex 3 240GB Preview.
Deal of the Day: Fantom GF3B2000U32 G-Force3 2TB USB 3.0 External Desktop Hard Drive for $89.99 after Rebate with FREE Shipping
Our Deal of the Day today is the Buy.com - Fantom GF3B2000U32 G-Force3 2TB USB 3.0 External Desktop Hard Drive for $89.99 after Rebate with FREE Shipping!.
Offer: $89.99 with FREE shipping after $10 rebate (expiring 4/10/11) gets you this 2TB Fantom Drives Gforce 3 external hard drive with USB 3.0 connection (backwards compatible with USB 2.0).
Deal of the Day: CORSAIR Flash Voyager 16GB USB 2.0 Flash Drive - $17.99 after Rebate, Shipped Free!
Our Deal of the Day today is the Newegg - CORSAIR Flash Voyager 16GB USB 2.0 Flash Drive - $17.99 after Rebate, Shipped Free!.
Offer: Great price for this ultra durable Corsair 16GB USB Flash Drive. It's just $17.99 after rebate with free shipping!
$10 PREPAID REBATE CARD expires 04/07/2011.
Thecus today have announced a new NAS with a twist, it centers around the idea of your IT engineer falling asleep, well, keeping him or her from falling asleep. The new AFD42000 Deluxe Coffee Edition NAS feature a 12 core CPU, 16GB of DDR3 RAM and the new signature Thecus feature: the Thecus Turbo Coffee Deluxe Edution.
Thanks to the new smart coffee device, the TTCDE is capable of delivering 3 cups per minute. RAID functions are also available allowing the coffee to be fresher or faster depending on your needs.
Deal of the Day: Kingston 128GB SSDNow V Series SATA II 2.5" Solid State Drive - $139.95 after Rebate, Shipped Free!
Our Deal of the Day today is the Buy.com - Kingston 128GB SSDNow V Series SATA II 2.5" Solid State Drive - $139.95 after Rebate, Shipped Free!.
Offer: A solid state drive (SSD) is a good way to quickly speed up your computer. Get this Kingston 128GB SSDNow V Series SATA II 2.5" Solid State Drive (SNV425-S2BN/128GB) for just $139.95 after a $75 mail-in rebate! Shipping is free! Rebate expires 04/03/2011.
Intel announced today the release of their third-generation Solid-State Drive (SSD) as part of their new 320 series. Like the eponymous hardware, the specs on this model are pretty solid:
- Third-generation Intel® SSD 320 Series on 25-nm NAND flash memory offers 40-, 80-, 120-, 160-GB plus higher capacity 300- and 600GB options.
- Advanced architecture enables robust, reliable SSDs with enhanced security features for desktop/notebook PCs or server data center storage.
- Performance, reliability upgrades enhance solid line of high-performing SSDs with up to $100 price drop over current Intel® X25-M SSD model.
The pricing is also not bad for that kind of performance: 40GB at $89; 80GB at $159; 120GB at $209; 160GB at $289; 300GB at $529 and 600GB at $1,069- all with a standard 3-year warranty. These days, hardware is all about choices, choices, choices, whether it's a tablet, an iPad, or a smartphone, Intel has clearly recognized that consumers need options when it comes to pricing and capability. Tom Rampone, VP and GM of Intel NVM Solutions Group, said in a press release:
We have expanded our SSD product line and now offer both consumers and computer OEMs more SSD choices. We see the Intel SSD 320 as a solid advancement to our SSD roadmap, and will continue to upgrade and refresh our SSD product line as we add more enterprise options for our business customers throughout the year.
San Jose-based OCZ Technology Group has shipped its 1,000,000th Solid State Drive. This is exciting news for both OCZ and the general computing population, as SSD drives have the potential to run faster while being extensively more durable than our old-school spinning hard drives. SSD's have been used in the military for years now as a much more plausible alternative to something that would probably shake apart at Mach 1.
SSD drives still have a similar performance rate to Hard Disks, and are generally a lot more expensive. The 1,000,000 mark for OCZ signifies a greater interest and usage, meaning that the various hardware operating systems will begin to update more and more to accommodate SSD's.
SAN JOSE, CA - March 24, 2011 - OCZ Technology Group, Inc. (Nasdaq:OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced that it has shipped its one millionth solid state drive.
"Solid state drives continue to represent a game-changing technology for both consumers and enterprise clients, and we are proud to achieve this milestone," said Ryan Petersen, CEO of OCZ. "But most of all, I wanted to take this opportunity to sincerely thank all of our loyal customers and partners, without whom this success would not be possible."
OCZ offers a broad array of interface options for solid state drives including
OCZ have just shaken the storage world by acquiring fabless SSD controller provider, Indilinx. The purchase is being financed with $32 million in OCZ common stock. OCZ gains substantial IP from Indilinx, including approximately 20 patents and patent applications related exclusively to the business as part of the transaction.
Ryan Peterson, CEO of OCZ Technology Group has said: