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Seagate Technology’s (STX) acquisition of Xyratex (XRTX) for about $374 million is getting mixed reviews from analysts. Seagate, a maker of hard-disk drives for computers and other data storage systems, on Monday announced the Xyratex deal, which it expects to close mid-2014. Xyratex makes test equipment and storage subsystems. “Our overall take on the transaction is that it is another incremental data point that Seagate is trying to move up the Scalper1 News
Scalper1 News