Seagate Intends to Open a New Facility in India

Seagate just announced that it intends to open a new facility in Bangalore, India, and, on the other hand, the country seems to be more and more 'on demand' on the IT market, informs Daily Tech.

"During a press conference, Seagate's country manager Rajesh Khurana said that while the company is evaluating options for a research and design facility in India, he would not disclose what factors that Seagate is considering, further writes Daily Tech.
In the last moth of the previous year, Seagate took over Maxtor's business in a transaction which was valued at approximately $1.9 billion. Consequently, Maxtor shareholders received 37 shares of Seagate common stock for each Maxtor share, and, upon completion, Seagate shareholders owned approximately 84% and Maxtor shareholders owned approximately 16% of the combined company.

"Seagate is addressing a growing desire for people to easily manage, share and enjoy their digital content, regardless of media type, from anywhere at any time using a web browser. Increasingly, consumers want to easily transform their scattered photos, video and music files into organized, richer multimedia compositions that are personalized for selected groups of people or posted to public sites. The multimedia experience that our new Maxtor Fusion solution brings to consumers represents an important next step in the digital home transformation that's taking place today," said Jim Druckrey, Seagate's vice president and general manager.

As a matter of fact, Seagate Technology recently launched its latest Maxtor Fusion personal media solution which is said to deliver a safe, central location on the user's network to hold large amounts of digital photos, videos, music and documents.

The Maxtor Fusion solution is said to offer a high-speed Gigabit Ethernet network port and a half-terabyte (500GB) of networked storage that can be instantly accessed via the web and the user can also create "microshares", small circles which are meant to share multimedia content.

Moreover, the Public Site delivers a special developed function which can be used to create personal web pages featuring pictures, videos, music and even documents.