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History (1995): Seagate Acquires 100% of Stock of Applied Magnetics’ Tape Head Subsidiary

For $21.5 million in cash

Seagate Technology (Scotts Valley, CA) reached a definitive agreement last November to acquire 100% of the stock of Applied Magnetics Corporation's tape head subsidiary for $21.5 million cash.
The Santa Maria, CA-based operation designs, manufacture...

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