500GB HDD shoutout

Things of the greatest importance occurred between the two remaining market players, Seagate and Maxtor. In view of the transition to perpendicular recording, Seagate stretched its model range out to the limit. It’s financially burdensome to be putting out three generations of hard disk drives (even four generations if you count in the Barracuda 7200.10 series!) at once especially considering the gigantic production volumes and Maxtor’s dumping on the OEM market. Seagate solved the problem straightforwardly by just buying the rioter. Luckily, Maxtor’s stock had fallen heavily in price after a few unprofitable quarters in a row.