Seagate Technology Holdings plc
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- William David Mosley
- Full Time Employees
- 30,000
- Sector
- Technology
- Industry
- Computer Hardware
- Address
- 121 Woodlands Avenue 5 Singapore NW Singapore 739009
- IPO Date
- Dec 11, 2002
- CIK
- 0001137789
- Website
- seagate.com
- Similar Companies
- Business
- Seagate Technology Holdings plc Seagate Technology Holdings plc provides mass-capacity data storage technology and infrastructure solutions worldwide. The company develops, manufactures, and sells hard disk drives (HDDs) including enterprise nearline HDDs, mission critical HDDs, video and image HDDs, desktop and notebook HDDs, DVR HDDs, and high-capacity HAMR-based drives utilizing Mozaic 3+ technology offering capacities up to 36TB; solid-state drives (SSDs) encompassing enterprise nearline SSDs, gaming SSDs, and PCIe cards; external storage solutions under Seagate brands such as Ultra Touch, One Touch, Expansion, Basics, Game Drive, and Storage Expansion Card for Xbox, as well as LaCie brand rugged SSDs including Rugged SSD Pro5 with Thunderbolt 5; network-attached storage drives; and the Lyve edge-to-cloud platform featuring modular hardware, software, storage subsystems, and services for on-premise, edge, and cloud infrastructure needs supporting data management, recovery, analytics, high-performance computing, surveillance, and AI workloads. Seagate Technology Holdings plc operates from its headquarters in Singapore with operational headquarters in Fremont, California; maintains facilities and presence across more than 30 countries including the United States, the Netherlands, and the Asia-Pacific region; and sells primarily to original equipment manufacturers, cloud service providers, distributors, retailers, enterprises, and consumers in the computer hardware sector. Founded in 1978, the company employs approximately 30,000 people and continues to innovate with heat-assisted magnetic recording (HAMR) technology driving AI-optimized storage; recent developments include shipping 30TB HAMR drives to address data center AI demand, introducing 36TB capacities via Mozaic 3+ platform, launching specialized products such as the 4TB Xbox Storage Expansion Card, Genshin Impact Limited Edition SSD, Ultra Compact SSD, PlayStation-licensed Game Drive SSD, and LaCie Rugged SSD Pro5; unveiling a product roadmap targeting 50TB+ and 100TB drives by 2030 with double-digit revenue CAGR through fiscal 2028; increasing its share repurchase authorization to $5 billion; and entering a definitive agreement in February 2025 to acquire Intevac, Inc. for approximately $119 million in cash to enhance thin-film processing capabilities for HDD media production, with the transaction expected to close in early 2025.
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