Key Facts

Headquarters

920 Disc Drive 
Scotts Valley, CA 95066

Phone: 831-438-6550
Toll-free: 877-271-3285
Fax: 831-429-6356

Ticker Symbol

STX

Staff

Population: 17,000
1 year change: -61.4 percent

Financial

2006 revenue: $9,206 million
 1-yr. growth rate: 21.9 percent

Seagate Technology

Company Overview

Highlights

Seagate is a leading manufacturer of disk drives, magnetic drives, and read-write heads.

Acquired Maxtor Corp. in 2006.

Named Forbes’s Company of the Year for 2006.

Seagate was founded in 1979 and, with IBM as its main customer, gained control of more than half the market for small disk drives by 1982. The company also makes tape drives and storage drives and offers disk, tape, and software support. Seagate has R&D and product sites in: Silicon Valley; Pittsburgh; Longmont, Colorado; Bloomington, Minnesota; Shakopee, Minnesota; and in Northern Ireland and Singapore. It has manufacturing and customer service sites in California, Colorado, Minnesota, Oklahoma, Northern Ireland, China, Malaysia, Singapore, and Thailand.