Stock Certificate, specimenLate 1900'sAmerican Bank Note CompanyThe item shown is representative of the one you will receive
On November 1, 1978 Seagate Technology (then called Shugart Technology) was incorporated as a disc drive manufacturer by co-founders: Al Shugart, Tom Mitchell, Doug Mahon, Finis Conner and Syed Iftikar. The name was soon changed to Seagate Technology to avoid confusion with Xerox's subsidiary Shugart Associates (also founded by Shugart).
Their first product (released in 1980) was the 5-megabyte ST-506, the first hard disk to fit the 5.25-inch form factor of the (by then famous) Shugart "mini-floppy" drive. The hard disk used a Modified Frequency Modulation (MFM) interface, was a hit, and was later released in a 10-megabyte version, the ST-412, a 20-megabyte version, the ST-225, and a 30-megabyte version, the ST-2038 (which used MFM Run-length limited (RLL) encoding to achieve increased capacity over the similar ST-225).
In the early 1980s, Seagate secured a contract as a major OEM supplier for the IBM XT, IBM's first personal computer to contain a hard disk. The large volumes of units sold to IBM, as IBM was the dominant supplier of PCs at the time, fueled Seagate's early growth.
In 1983, Al Shugart was replaced as president by then chief operating officer, Tom Mitchell. Shugart continued to oversee Seagate planning.
Finis Conner left Seagate in early 1985 and founded Conner Peripherals, which originally specialized in small-form-factor drives for portable computers. Conner Peripherals also entered the tape drive business with its purchase of Archive Corporation. After ten years as an independent company, Conner Peripherals was acquired by Seagate in a 1996 merger.
In 1989, facing increased competition and margin pressure, Seagate acquired Control Data's MPI/Imprimis (CDC) disk storage division. This acquisition gave Seagate access to CDC's voice-coil and disk-manufacturing patents. As well, the purchase provided access to a high-end server customer base and the first 5,400 RPM drives on the market (the CDC Elite series).DE-Delaware Modern Technologies Computers and Related Specimen Pieces Female Subject Male Subject Globe Featured