With announcements coming in from of rolling out Solid State Drives (SSD) and that it would become a prominent player in the SSD business, Seagate is still in requirement of trade relationships with a NAND Flash manufacturer, add to that it doesn't have production facilities of its own.
This has gotten analysts to speculate on where Seagate will source its chips from, a possibility being buying Intel's share of the Intel-Micron JV. Such a buy-out would set Seagate back by close to $1 bn. Another possibility would be to acquire SanDisk or Hynix (Hyundai) which focus on making entry-level solid state drives, but are a major players in the overall NAND flash market. If it will be SanDisk, Hynix or any other flash maker remains to be seen, but it wouldn't come as a surprise if Seagate announces the acquisition of a flash company soon.
Source: NordicHardware