News
Articles
Blog
All Keywords
From
To
Search
Filter
View
Poll

The CEO of Seagate dismissed

by crispin . Original by Lionel - 14/01/2009 07:29:50 CET
Bill Watkins, CEO of Seagate since 2004 was abruptly replaced at the head of the company by Stephen Luczo who chaired the council of administration of the market leader of hard drives.
We do not know the reason of the disgrace of Bill Watkins, but we would not be surprised if it is, at least partly, related to his positions re the arrival of SSD disks.
For a long time he considered that the market of SSD disks had no chance to compete with the traditional products. He then tried to block those who manufactured some by attacking them for patent violation before finally announcing that the company would launch out in this market during 2009.
However even though the market of the SSD is still far from mature, there are those who are already on top, such as Samsung, Intel or OCZ whom are already armed with their first generations of disks, but more importantly are making their reputation.
One can suppose that the attempt to repurchase Sandisk that was the entry ticket to the world of the SSD and which has rightly fallen through forms part of the reasons of this ousting.
Printer Friendly
Tip a friend
List View
Daily View
Full View
Previous
Next
Delicious Digg Facebook Technorati Reddit Blogmarks ShareThis