Seagate Buys Maxtor

Storage maker Seagate last week purchased Maxtor, another major storage player, in a blockbuster deal worth $1.9 billion. The newly combined company will be the number-one hard drive maker, leaving just Western-Digital to offer up any competition. What will this mean to you, the eager hard drive buyer? Not much, at first. But Seagate's purchase of Maxtor will eventually result in lower prices. And if you're into trivia, consider this: Seagate was the first company to ever market a hard drive for PCs