Seagate

Seagate Technology Holdings plc is an American data storage company.

It developed the first 5.25-inch hard disk drive (HDD), 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. Much of their growth has come through their acquisition of competitors. In 1989, they acquired Control Data Corporation‘s Imprimis division, the makers of CDC’s HDD products. They acquired Conner Peripherals in 1996, Maxtor in 2006, and Samsung‘s HDD business in 2011. Today, Seagate, along with its competitor Western Digital, dominates the HDD market.

then called Shugart Technology was incorporated on November 1, 1978, and commenced operations with co-founders Al Shugart, Tom Mitchell, Doug Mahon, Finis Conner, and Syed Iftikar in October 1979. The company came into being when Conner approached Shugart with the idea of starting a new company to develop 5.25-inch HDDs which Conner predicted would be a coming economic boom in the disk drive market.

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