Instant Intelligence (INSTANT®), a leading data automation and agentic AI technology company, is pleased to announce James "Jim" Chirico's appointment as CEO. Former CEO Michael McMackin will remain with the organization as Co-Executive Chairman of the Board. Jim Chirico brings over four decades of strategic leadership and operational excellence, having most recently served as President and CEO of Avaya Holdings (Avaya). Jim is a proven technology executive who oversaw the cloud-focused strategy for the company, which served 90% of the Fortune 500, providing enterprise-grade communication solutions like contact centers, unified communications (UCaaS), and collaboration tools worldwide.

Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, today announced that management is scheduled to participate in the following investor events: Event: Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 4, 2025 Details: Presentation at 10:45 AM PT / 1:45 PM ET and hosting investor meetings Event: Loop Capital Markets 6th Annual Investor Conference on Tuesday, March 11, 2025 Details: Hosting investor meetings Event: Cantor Fitzgerald Global Technology Conference on Wednesday, March 12, 2025 Details: Hosting investor meetings The live webcast can be accessed online at Seagate's Investor Relations website at investors.seaga

Intevac Stockholders to Receive $4.00 Per Share in Cash, Plus a Special Dividend of $0.052 Per Share and a Regular Dividend of $0.05 Per Share Acquisition Delivers Compelling and Certain Cash Value Seagate Technology Holdings plc (NASDAQ:STX) ("Seagate"), a leading innovator of mass-capacity data storage, and Intevac, Inc. (NASDAQ:IVAC) ("Intevac"), a supplier of thin-film processing systems, today announced that Seagate has entered into a definitive agreement to acquire Intevac in an all-cash transaction for $4.00 per share (the "Transaction"). In connection with the closing of the Transaction, Intevac will pay a one-time special dividend of $0.052 per share. The payment of the speci

  Fiscal Q2 2025 Highlights Revenue increased to $2.33 billion GAAP diluted earnings per share (EPS) of $1.55; non-GAAP diluted EPS of $2.03 Cash flow from operations of $221 million and free cash flow of $150 million Declared cash dividend of $0.72 per share Seagate Technology Holdings plc (NASDAQ:STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal second quarter ended December 27, 2024. "Seagate ended calendar 2024 on a strong note as we grew revenue, gross margin and non-GAAP EPS successively in each quarter of the year. Our results demonstrate structural improvements in the business and ou

Seagate Technology Holdings plc (NASDAQ:STX), an innovator of mass capacity data storage, today announced shipments of Exos M hard drive samples to select customers in industry-leading capacities up to 36 terabytes (TB). Based on Mozaic 3+, the company's breakthrough heat-assisted magnetic recording (HAMR) technology platform, Exos M delivers unprecedented storage scale for large-scale data center deployments. Key Takeaways Adopted by Cloud Service Providers: Seagate is currently ramping Exos M to volume shipments on capacity points up to 32TB with a leading cloud service provider. Separately, Seagate is also sampling drives on the Exos M platform of up to 36TB. Mozaic 3+ and HAMR I

Sixty-one percent of respondents expect their organization's cloud-based storage – underpinned by hard drives – will increase by more than 100% by 2028 According to a recent, global Recon Analytics survey1 commissioned by Seagate Technology, business leaders from across 15 industry sectors and 10 countries expect that adoption of artificial intelligence (AI) applications will generate unprecedented volumes of data, driving a boom in demand for data storage, in particular cloud-based storage. With hard drives delivering scalability relative to terabyte-per-dollar cost efficiencies, cloud service providers rely on hard drives to store mass quantities of data. Recently, analyst firm IDC es

Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, will report fiscal second quarter 2025 financial results after the market closes on Tuesday, January 21, 2025. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET. The live audio webcast can be accessed online at Seagate's Investor Relations website at investors.seagate.com. About Seagate Technology Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over fo

Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, today announced that management is scheduled to participate in the following investor events: Event: UBS Global Technology and AI Conference on Tuesday, December 3, 2024 Details: Presentation at 12:35 PM PT / 3:35 PM ET and hosting investor meetings Event: Wells Fargo 8th Annual TMT Summit on Wednesday, December 4, 2024 Details: Presentation at 11:00 AM PT / 2:00 PM ET and hosting investor meetings Event: Barclays 22nd Annual Global Technology Conference on Wednesday, December 11, 2024 Details: Presentation at 9:15 AM PT / 12:15 PM ET and hosting investor meetings The live webcasts can b

Fiscal Q1 2025 Highlights Revenue increased to $2.17 billion GAAP diluted earnings per share (EPS) of $1.41; non-GAAP diluted EPS of $1.58 Cash flow from operations of $95 million and free cash flow of $27 million Increased quarterly cash dividend by approximately 3% to $0.72 per share Seagate Technology Holdings plc (NASDAQ:STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal first quarter ended September 27, 2024. "Seagate is off to an outstanding start to the fiscal year, highlighted by gross margin expanding to the highest level in more than a decade," said Dave Mosley, Seagate's chief executive

Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, will report fiscal first quarter 2025 financial results after the market closes on Tuesday, October 22, 2024. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET. The live audio webcast can be accessed online at Seagate's Investor Relations website at investors.seagate.com. About Seagate Technology Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over four b

Intevac Stockholders to Receive $4.00 Per Share in Cash, Plus a Special Dividend of $0.052 Per Share and a Regular Dividend of $0.05 Per Share Acquisition Delivers Compelling and Certain Cash Value Seagate Technology Holdings plc (NASDAQ:STX) ("Seagate"), a leading innovator of mass-capacity data storage, and Intevac, Inc. (NASDAQ:IVAC) ("Intevac"), a supplier of thin-film processing systems, today announced that Seagate has entered into a definitive agreement to acquire Intevac in an all-cash transaction for $4.00 per share (the "Transaction"). In connection with the closing of the Transaction, Intevac will pay a one-time special dividend of $0.052 per share. The payment of the speci

  Fiscal Q2 2025 Highlights Revenue increased to $2.33 billion GAAP diluted earnings per share (EPS) of $1.55; non-GAAP diluted EPS of $2.03 Cash flow from operations of $221 million and free cash flow of $150 million Declared cash dividend of $0.72 per share Seagate Technology Holdings plc (NASDAQ:STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal second quarter ended December 27, 2024. "Seagate ended calendar 2024 on a strong note as we grew revenue, gross margin and non-GAAP EPS successively in each quarter of the year. Our results demonstrate structural improvements in the business and ou

Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, will report fiscal second quarter 2025 financial results after the market closes on Tuesday, January 21, 2025. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET. The live audio webcast can be accessed online at Seagate's Investor Relations website at investors.seagate.com. About Seagate Technology Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over fo

Fiscal Q1 2025 Highlights Revenue increased to $2.17 billion GAAP diluted earnings per share (EPS) of $1.41; non-GAAP diluted EPS of $1.58 Cash flow from operations of $95 million and free cash flow of $27 million Increased quarterly cash dividend by approximately 3% to $0.72 per share Seagate Technology Holdings plc (NASDAQ:STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal first quarter ended September 27, 2024. "Seagate is off to an outstanding start to the fiscal year, highlighted by gross margin expanding to the highest level in more than a decade," said Dave Mosley, Seagate's chief executive

Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, will report fiscal first quarter 2025 financial results after the market closes on Tuesday, October 22, 2024. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET. The live audio webcast can be accessed online at Seagate's Investor Relations website at investors.seagate.com. About Seagate Technology Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over four b

Fiscal Q4 2024 Highlights Revenue of $1.89 billion GAAP diluted earnings per share (EPS) of $2.39; non-GAAP diluted EPS of $1.05 Cash flow from operations of $434 million and free cash flow of $380 million Declared cash dividend of $0.70 per share Fiscal Year 2024 Highlights Revenue of $6.55 billion GAAP diluted EPS of $1.58; non-GAAP diluted EPS of $1.29 Cash flow from operations of $918 million and free cash flow of $664 million Returned $585 million to shareholders through dividends Seagate Technology Holdings plc (NASDAQ:STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal four

Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, will report fourth quarter and fiscal year 2024 financial results after the market closes on Tuesday, July 23, 2024. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET. The live audio webcast can be accessed online at Seagate's Investor Relations website at investors.seagate.com. About Seagate Technology Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped o

Fiscal Q3 2024 Highlights Revenue of $1.66 billion GAAP diluted earnings per share (EPS) of $0.12; non-GAAP diluted EPS of $0.33 Cash flow from operations of $188 million and free cash flow of $128 million Declared cash dividend of $0.70 per share Seagate Technology Holdings plc (NASDAQ:STX) (the "Company" or "Seagate"), the leading innovator of mass-capacity storage solutions, today reported financial results for its fiscal third quarter ended March 29, 2024. "Seagate's March quarter revenue grew 6% and non-GAAP EPS more than doubled over the December quarter as we benefit from improving cloud demand, our strong operating discipline and price execution. This combination se

Seagate Technology Holdings plc (NASDAQ:STX), the leading innovator of mass-capacity storage solutions, will report fiscal third quarter 2024 financial results after the market closes on Tuesday, April 23, 2024. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET. The live audio webcast can be accessed online at Seagate's Investor Relations website at investors.seagate.com. About Seagate Seagate Technology is the leading innovator of mass-capacity data storage solutions. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped ov

Fiscal Q2 2024 Highlights Revenue of $1.56 billion GAAP (loss) per share of $(0.09); non-GAAP diluted earnings per share (EPS) of $0.12 Cash flow from operations of $169 million and free cash flow of $99 million Declared cash dividend of $0.70 per share Launch of Mozaic platform marking a major inflection point in mass capacity storage Seagate Technology Holdings plc (NASDAQ:STX) (the "Company" or "Seagate") today reported financial results for its fiscal second quarter ended December 29, 2023. "Seagate delivered strong financial results in the December quarter, marked by 7% sequential revenue growth and non-GAAP EPS returning to profitability and exceeding the high end

Jim Lee to head the company's legal team Seagate Technology Holdings plc (NASDAQ:STX), a leading innovator of mass-capacity data storage, announced today the appointment of Jim Lee as senior vice president, chief legal officer, and corporate secretary. Mr. Lee spent the past 5 years serving as senior vice president, general counsel, and corporate secretary at Maxar Technologies, a global leader in space technology and geospatial intelligence. During his tenure, he significantly strengthened the legal and compliance functions, established a successful litigation track-record, and played a pivotal role in multiple complex transactions. Prior to Maxar, Mr. Lee spent nearly 15 years at Aram

Seagate Technology Holdings plc (NASDAQ:STX), a world leader in data storage and infrastructure solutions, today announced that Robert (Bob) Bruggeworth has been appointed to the company's Board of Directors and to serve on the Audit and Finance Committee of the Board, effective November 9, 2022. "I am very pleased to welcome Bob to Seagate's Board of Directors," said Mike Cannon, Seagate's Board Chair. "Bob has extensive executive leadership experiences with over 20 years as CEO of two public companies, RF Micro Devices and currently Qorvo. Prior to these roles, Bob spent 16 years in various senior leadership positions at AMP, now part of TE Connectivity, residing in Asia and the U.S." S

Seagate Technology Holdings plc (NASDAQ:STX), a world leader in data storage and infrastructure solutions, today announced that Richard (Rick) Clemmer has been appointed to the company's Board of Directors, effective August 23, 2022. "Rick is a highly accomplished technology industry leader and so I am delighted to welcome him to Seagate's Board of Directors," said Mike Cannon, Seagate's Board Chair. "Rick's proven track record of driving growth and value creation across multiple global companies makes him a strong addition to Seagate's board." Mr. Clemmer brings extensive leadership and financial management experience in technology industries spanning semiconductor, storage, e-Commerce,

Seagate Technology Holdings plc (NASDAQ:STX), a world leader in data storage and infrastructure solutions, today announced that Yolanda Lee Conyers has been appointed to the company's Board of Directors and to serve on the Compensation committee of the Board, effective January 24, 2022. "I am very pleased to welcome Yolanda to Seagate's Board of Directors," said Mike Cannon, Seagate's Board Chair. "Yolanda is a highly regarded global human resource leader with expertise in organizational and leadership development, cultural integration and building diverse talent pipelines. Her extensive knowledge and broad technology industry expertise will be a strong addition to Seagate's board and supp

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology plc (NASDAQ: STX), a world leader in data storage and infrastructure solutions, today announced that Shankar Arumugavelu has been appointed to the company’s Board of Directors and to serve on the Audit and Finance Committee of the Board, effective March 19, 2021. "I am very pleased to welcome Shankar to Seagate's Board of Directors," said Mike Cannon, Seagate's Board Chair. "As a well-respected CIO for one of the largest communications technology companies in the world, Shankar will bring a wealth of knowledge on the evolution of the 5G Datasphere as it accelerates the power and potential of better utilizing massive amounts of da

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology plc (NASDAQ: STX), a world leader in data storage and management solutions, today announced that Pratik “Prat” Bhatt has been appointed to the company’s Board of Directors and to serve on the Audit and Finance Committee of the Board, effective December 24, 2020. “I am very pleased to welcome Prat to Seagate’s Board of Directors,” said Mike Cannon, Seagate’s Board Chair. “As a technology industry veteran with extensive global financial experience, his insights will be hugely valuable to Seagate and the Board.” Mr. Bhatt is an accomplished executive currently serving as Senior Vice President, Chief Accounting Officer and Corpora