Tag Archives: Seagate SSD business

Seagate Technology on Tuesday said it has completed its acquisition of the assets of LSI’s accelerated solutions division (ASD) and flash components division (FCD) from Avago Technologies. The closing of the takeover transforms Seagate into a leading developer of controllers for solid-state drives for various applications. The hard disk drive …

Seagate Technology was very late to the market of solid-state drives, however, the company seems to be getting serious about them now. On Thursday Seagate announced a plan to acquire the assets of LSI’s accelerated solutions division (ASD) and flash components division (FCD) from Avago for $450 million (£269.1 million, …