Q&A: Seagate CEO talks about the Maxtor acquisition

27.12.2005

CW: From a technology perspective, what do they bring?

Watkins: I think they have good engineers in enterprise and desktop. We want to design products to our platforms, to our components, etc. The resources will allow us to increase our investment in fundamental technology, but our plan is to use Seagate's technology road map. This is not going to be a major product innovation. They have some engineering we're very interested in. I think their enterprise engineering is very good. They have some good engineers in Longmont, [Colorado] and Milpitas [California] As a resource, I look at this as just more good people to add to us.

CW: Does that mean Maxtor's road map now gets curtailed?

Watkins: Well, they have to operate as an independent company between now and closure. But, we obviously -- to the degree that there's something in their road map that's significant -- we'd use it. Our current thinking is we feel very comfortable with where Seagate is and the leadership Seagate has.

CW: How is this deal going to boost your sales?