As mentioned in the case, the stock value of Veritas has increased by over 200 % after the leveraged buyout of Seagate’s disk drive operations and the tax-free acquisition of Seagate’s remaining assets by Veritas Software Corporation. In Exhibit 5 it is shown that the stock price increased to 168,69 $/share in March 2000, while the stock price of Seagate Technology was 64,25 $/share at that time (Exhibit 3). Exhibit 4 shows the interesting development that starting in October 1999 the pre-tax value
Words: 626 - Pages: 3
Main Points to include: Background of Disk Drive Industry: • Desktop, Enterprise, Mobile – main market segments o Slowing revenues, increased unit sales • Storage networking, Consumer Electronic market- new growth segments Seagate Technology • Founded in 1979 • Designs, manufactures, and market a broad line of disk drives for use in computer systems for desktop PCs, workstations and servers, and supercomputers • Only major independent disk drive manufacturer
Words: 488 - Pages: 2
Seagate Technology Buyout CASE SUMMARY In May of 1999, Seagate sold one of its companies, the Network & Storage Management Group (NSMG), to VERITAS in return for 155 million shares of VERITAS stock. The transaction made Seagate VERITAS’s largest stockholder, creating an ownership stake of over 40%. When a few problems regarding stock prices arose, concerned shareholders were not far behind. Following the transaction, the market was failing to recognize the value of Seagate’s stake in VERITAS, as
Words: 2328 - Pages: 10
Seagate Technology Buyout March 22, 2006 By: Rachel Cluck Beth Crocker Heather Preston Jessica Seal Table of Contents Introduction............................................................................3 Objectives ..............................................................................3 Overview................................................................................4 Alternatives – How to Address Seagate’s Low Stock Price ..5 Do Nothing................................
Words: 8426 - Pages: 34
Seagate Technology Buyout I. INTRODUCTION In 1999, Seagate Technology, Inc., decided that in order to increase their market value, they needed to make some big changes. Due to their undervalued stock price, Seagate decided to undergo a leveraged buyout (LBO) with Silver Lake Partners L.P. During this time, four main concerns arose among the parties involved: • • • • How can Seagate address the company’s low stock price? How should the buyout be financed? What should the capital structure look
Words: 10741 - Pages: 43
khoja mohsin ali Raja Pethanasamy shihab ahmed list of Figures Figure 1: Adobe Connect Features 6 Figure 2: Host Server Internals 6 Figure 3: Adobe Connect Architecture 8 Figure 4: XCON Standards 9 Figure 5: Top web conferencing solutions 9 Table of Contents Executive summary 2 Introduction 3 Technical Aspects of Web Conferencing 6 i) Web conferencing 6 ii) Technical Features of web conferencing 7 iii) How web conferencing works 7 iv) Server Architecture 8
Words: 7297 - Pages: 30
SEAGATE TECHNOLOGY PLC FORMReport) 10-K (Annual Filed 08/08/13 for the Period Ending 06/28/13 Telephone CIK Symbol SIC Code Industry Sector Fiscal Year (353) (1) 234-3136 0001137789 STX 3572 - Computer Storage Devices Computer Storage Devices Technology 06/30 http://www.edgar-online.com © Copyright 2013, EDGAR Online, Inc. All Rights Reserved. Distribution and use of this document restricted under EDGAR Online, Inc. Terms of Use. Use these links to rapidly review the document TABLE
Words: 96245 - Pages: 385
Ind., Reckitt & Beckinser, Boeing, Ingram Micro, MEMC, Spartech, MECS, Maxim, Bunge, Smurfit Stone, and Emerson. Writes a lot (“publish or perish”) Three books + over 80 journal articles Textbook: Wiley, Global Operations and Logistics – Text and Cases Online course on “Global Supply Chain Management” (Learning Insights) Managing the Innovation Process Panos Kouvelis Emerson Distinguished Professor of Operations & Manufacturing Management COURSE OVERVIEW The course takes the perspective
Words: 615 - Pages: 3
DDR3-1866 CL8/9 209 305 Team Xtreem-LV DDR3-2000 CL9 229 HardDisk 3.5" internal Sata Sata3 H1tachi 500GB 16M Rpm7200 53 Hitachi 1.TB /16Mb Rpm5400 82 CoolSpin Hitachi 1.TB /32MbRpm7200 83 Hitachi 2.TB / 32M 179 Seagate 500GB / 16M 58 Seagate 1.TB/32M 2 Platter 90 Seagate 1.5TB / 32M RPM7200 120 Seagate 2.TB 7200rpm LowPower 160 Samsung 1.TB / 32M HD103SJ Rpm7200 82 WD 320GB /16M Caviar Blue 56 WD 500GB /16M Caviar Blue 56 WD 500GB /32M Caviar Green 57 WD 500GB /32M
Words: 10788 - Pages: 44
METHODOLOGY The detailed course outline starting on page 6 lists, for every class session, the reading(s), case(s), assignment(s), and anything else of importance. Please read this outline carefully before every session. Because class time is our most precious and inelastic resource, please come to every class prepared. Essential preparation includes reading the assigned readings and cases and doing the assignments. Recommended Text Book1 (VM) Van Mieghem, Jan, Operations Strategy: Principles and
Words: 3965 - Pages: 16
