Seagate Technology To Acquire Maxtor Corporation

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.

Read more about it here: http://www.seagatemaxtor.com/

Quantum was acquired by Maxtor, now Maxtor acquired by Seagate. I still have a Quantum Fireball on my old desktop… 😉

*Thanks to Azidin for updating me with this story.

In an another area, Macromedia has been acquired by Adobe. Go to http://www.macromedia.com/ and you’ll see Adobe – formerly Macromedia.

Read more about it here: http://www.adobe.com/aboutadobe/acquisition.html

And… uh oh.. Happy New Year!!! My new year resolution is to stop smoking, but the damn nicorette gum gave me a sore throat!!! 🙁