Owners
In April, 2014 the Seagate Technology plc company announced acquisition of Xyratex Ltd company, the supplier of technologies for data storage.
The Seagate company expects that with Xyratex acquisition growth of net profit of the company can reach the level of $500 - $600 million and also it will be neutral for indicators of a net profit per share this 2015 financial year, coming to an end on July 3, 2015. All stocks Xyratex will be removed from quotations at the NASDAQ exchange right after completion of the transaction.
The Allen & Company LLC company acted as the financial adviser at the transaction, and Wilson Sonsini Goodrich & Rosati gave legal support for its design.
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