Tag Archives: stx

Seagate Boosts Q1 Revenue Guidance On Strong Demand

Disk-drive maker Seagate Technology (STX) expects to generate $100 million more in the September quarter than it originally estimated based on increasing demand across all of its segments. The data-storage company raised its September-quarter guidance and highlighted $2 billion in additional opportunities in upcoming quarters at an analyst event on Friday, Pacific Crest Securities analyst Monika Garg said in a research report on Sunday. “Seagate

Seagate Creates New Group For Data Center Development

To help companies deal with a growing flood of data, Seagate Technology (STX) on Wednesday announced the formation of a new group to assist in the build-out of data centers. With the explosion of cloud services, mobile applications, open source computing and social networks, data is being created at a massive rate. Many companies are building their own data center applications to manage this growth to better fit their business models. Such is the

End of Windows Server 2003 seen sparking data center sales

Server sales could get a big lift next year when Microsoft’s (MSFT) Windows Server 2003 software reaches its scheduled end of life. A report by Pacific Crest Securities on Monday compared the impact to the boost seen in personal computer sales as Windows XP approached its end of support on April 8. The end of life for Windows Server 2003 on July 14, 2015, is one of two catalysts that could spark an enterprise data center revival next year, the investment bank said. The other factor is Intel ‘s (INTC) new Grantley server platform, which is set to ship in late September or early October, Pacific Crest said. Among the companies likely to benefit from the server sales rebound are Intel, Hewlett-Packard (HPQ), Western Digital (WDC), Seagate Technology (STX), SanDisk (SNDK), F5 Networks (FFIV) and A10 Networks (ATEN). Last year, data center spending fell for the first time since the…