Seagate and DensBits Announce Strategic Agreement for Development of SSDs

[btarunr]

Seagate Technology plc the worldwide leader in hard disk drives and storage solutions, and DensBits Technologies Ltd (“DensBits”) the inventor of the world's first Memory ModemTM have announced today a strategic agreement for the development of low-cost, high-performance Solid State Drives (“SSD”) for the consumer and enterprise markets. In conjunction with the agreement, Seagate has made an undisclosed equity investment in DensBits.

Seagate and DensBits are joining forces, to develop future products that are intended to provide customers with significant cost savings, extremely high reliability, and unparalleled performance. Under the agreement, DensBits’ Memory ModemTM controller technology will be integrated with Seagate’s various storage technologies to power a wide range of consumer and enterprise applications including 3 bits/cell (“TLC”) 1Xnm Flash-based consumer-grade SSD, and 2 bits/cell (“MLC”) 1x nm Flash-based enterprise-grade SSD.

“For the last 30 years, Seagate has delivered technology and product innovation to become the global leader in storage solutions, from high-end enterprise drives to solid-state hybrid drives,” said Rocky Pimentel, Seagate chief sales and marketing officer. “Seagate is excited to be working with the talented DensBits team and believes we have a significant opportunity with our new strategic relationship to extend our leadership into the SSD market.”

“We are very excited at the opportunity of collaborating with Seagate,” said Ilan Hen, DensBits’ Chairman and CEO. “This is yet another testament to our technology leadership, and we strongly believe that the coupling between DensBits’ unique Memory ModemTM controller technology and Seagate’s exceptional storage capabilities across the board could truly disrupt the industry.”

[FreedomEclipse]

Well, this is a New venture for seagate hopefully, their SSD's will last longer then some of their hard drives do

[Kantastic]

Originally Posted by FreedomEclipse

Well, this is a New venture for seagate hopefully, their SSD's will last longer then some of their hard drives do

I've never had a problem with Seagate hard drives and I've used 4-5 of their Barracuda 7200.12s in builds for others. I even dropped one onto hardwood from about 3 feet and it's still chugging along after 2-3 years.

[Dj-ElectriC]

What happened now, Seagate?
Where is that "SSDs? pfffttt" approach of yours?

[sergionography]

so all the money they been robbing from people the past couple years was to jump start an SSD business. makes alot of sense

I bet western digital has similar plans too. since SSD's are starting to gain momentum and might eventually replace hdds if they get cheap enough

[joyman]

And most importantly there are many manufacturers(OEMS) in the SSD business - which cannot be said for the HDD business - there is oligopoly at best.

[Prima.Vera]

I like those hybrid drives from Seagate.

[riffraffy]

Let's see Western Digital is a world leader ,Samsung is a world leader and now Seagate is anybody in second place . Is second so bad?

[Kreij]

When I worked for GE, your division was either #1, #2 working to get to #1, or it was sold.
Yes, #2 is not something to strive for in a competitive market.