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Last €43.09 EUR
Change Today +0.177 / 0.41%
Volume 11.0
STT On Other Exchanges
As of 1:37 PM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

seagate technology (STT) Snapshot

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52 Week High
01/26/15 - €58.40
52 Week Low
09/29/15 - €36.32
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Current Stock Chart for SEAGATE TECHNOLOGY (STT)

seagate technology (STT) Details

Seagate Technology Public Limited Company designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries. It provides hard disk drives, solid state hybrid drives, solid state drives, PCIe cards, and serial advanced technology architecture controllers that are designed for enterprise servers and storage systems in mission critical and nearline applications; for client compute applications comprising desktop and mobile computing; and for client non-compute applications, such as digital video recorders, personal data backup systems, portable external storage systems, digital media systems, and surveillance systems. The company also provides storage subsystems and high performance computing solutions, as well as data storage services, including online backup, data protection, and recovery solutions for small to medium-sized businesses. In addition, it ships external backup storage solutions under its Backup Plus and Expansion product lines, as well as under the Samsung and LaCie brand names. The company sells its products primarily to original equipment manufacturers, distributors, and retailers. Seagate Technology Public Limited Company was founded in 1979 and is based in Dublin, Ireland.

52,350 Employees
Last Reported Date: 08/12/15
Founded in 1979

seagate technology (STT) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.2M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $565.0K
President of Operations & Technology
Total Annual Compensation: $600.0K
President of Global Markets and Customers
Total Annual Compensation: $600.0K
President of Cloud Systems and Electronics So...
Total Annual Compensation: $392.3K
Compensation as of Fiscal Year 2015.

seagate technology (STT) Key Developments

Seagate Technology to Axe 1,050 Jobs Globally

Seagate Technology disclosed that it would eliminate 1,050 jobs or 2% of its global workforce as part of its restructuring plan. The company recently stated its commitment to realign its cost structure with the current macroeconomic business environment. Last month, International Data Corp. (IDC) forecasted a bigger drop in PC shipments this year due to a large inventory of notebooks and a strong dollar. Seagate Technology estimated to achieve approximately $113 million in saving annually after implementing its restructuring plan. Seagate Technology indicated its expectation to complete a large part of its restructuring plan by the end of December 2015 quarter. Seagate Technology estimated that its restructuring plan could result in total pretax charges of approximately $53 million.

Seagate Technology Public Limited Company Presents at Citi's 2015 Global Technology Conference, Sep-10-2015 09:30 AM

Seagate Technology Public Limited Company Presents at Citi's 2015 Global Technology Conference, Sep-10-2015 09:30 AM. Venue: Hilton New York Hotel, 1335 Avenue of the Americas, New York, NY 10019, United States. Speakers: David H. Morton, Senior Vice President of Finance, Principal Accounting Officer and Treasurer.

Seagate Technology plc Develops World’s High Density Mobile Hard Drive Technology

Seagate Technology plc announced it has achieved a major milestone in areal density with a new hard disk that can offer as much as 2TB of capacity in a slim 7mm package. This achievement is significant because in final product form it will give OEMs freedom to design a new generation of elegant mobile products that are extremely thin and stylish, light-weight, fast, power-efficient and cost-effective. Featuring cutting-edge storage technology, the new drive technology is the first to incorporate recording-subsystem components head, media, preamp, channel to achieve even greater areal densities, well ahead of competitive offerings. Its advanced, high-spatial efficiency mechanics deliver lightweight, low acoustics and strong mechanical robustness capable of new levels of drive stability even when subject to intense shock and vibrations. The new drive weighs just 3.17 oz., and is 25% lighter than the previous generation of Seagate's mobile hard drive products. Smaller drives free up valuable space in a mobile device to accommodate additional designed-in features, such as bigger batteries, more memory and better air circulation. With up to 2TB of space, the drive can also enable affordable high capacity storage storing more than 500,000 songs, 320,000 photos, 240 hours of high definition video or 26 hours of 4K ultra-high definition content.


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