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Seagate Technology

Seagate, founded at the dawn of the computer revolution in 1979, was the first to build 5.25-inch hard-disk drives for the PC. Three decades later, disk drives are still its core business.
Written by ZDNet Staff, Contributor

Seagate has no immediate plans to move into the flash memory and solid-state drives (SSD) market even though they are gaining popularity.

The American storage stalwart is happy with its progress in the main disk-drive market, Seagate's chief executive Bill Watkins said at a press event in London recently.

Nonethless, the company will continue to work on ideas and is working on its first solid-state drive.

Earlier this year, Seagate revealed that it aims to ship its two-billionth hard-disk drive within the next five years.

Seagate, which was founded by Al Shugart at the dawn of the computer revolution in 1979, was the first company to build 5.25-inch hard-disk drives for the PC and helped define the hard-disk drive business. Some three decades later, disk drives are still the core business of the Scotts Valley, Calif.-based company.

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