Seagate Completes Acquisition of Xyratex
 

Seagate Technology plc, a world leader in storage solutions, today announced it has completed its previously announced acquisition of Xyratex Ltd, a leading provider of data storage technology.

"Exabyte growth is accelerating, and we are building higher capacity drives to address this growth," said Dave Mosley, President of Operations and Technology at Seagate. "The time required to properly test these higher capacity drives is increasing dramatically, making it strategically important to have uninterrupted access to world-class test equipment and engineering resources. The addition of Xyratex helps us fill this important need and considerably streamlines Seagate's supply and manufacturing chains for our core HDD business."

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