![]() In 2006, Maxtor was acquired by Seagate.Īn early Maxtor hard drive (right) with a more modern laptop hard drive and coins (front) for size comparison In 2000, Maxtor acquired Quantum's hard drive division, which gave Maxtor the ATA/133 hard drive interface and helped Maxtor revive its server hard drive market. In 1996, Maxtor introduced its DiamondMax line of hard drives with DSP-based architecture. Maxtor was getting close to bankruptcy in 1992 and closed its engineering operations in San Jose, California, in 1993. ![]() In 1985, Maxtor filed its initial public offering and started trading on the New York Stock Exchange as "MXO." Maxtor bought hard drive manufacturer MiniScribe in 1990. ![]() In 1983, Maxtor shipped its first product, the Maxtor XT-1140. In 1981, three former IBM employees began searching for funding, and Maxtor was founded the following year. 1.5 Acquisition of the Quantum hard drive division.
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