Seagate (STX) Launches 12TB Guardian Series Hard Drive Disks

 | Oct 06, 2017 04:55AM ET

Seagate Technology Plc (NASDAQ:STX) recently announced that IronWolf, IronWolf Pro and Barracuda Pro – which are part of the Guardian Series of hard disk drives (HDDs) – are now available in capacity of up to 12 terabyte (TB).

The 3.5 inch Barracuda Pro HDD is suitable for high performance desktop, creative pro desktop applications and gaming. The high-speed drive enables faster large file transfers and photo editing.

On the other hand, IronWolf and IronWolf Pro are suitable for Network Attached Storage (NAS). The new 12TB drive also support Seagate’s IronWolf Health Management (IHM) software, which helps in improving the overall system reliability by displaying actionable prevention, intervention or recovery options for the user.

Capacity Expansion to Boost Demand

Seagate believes that the expanded capacity will improve demand for the HDDs among large enterprises, small and medium size businesses (SMBs) and creative professionals. The HDDs are capable to address the growing storage needs amid huge influx of data generated by emerging technology and services like augmented and virtual reality (AR/VR), 4K resolution and 360-degree videos.

Seagate Technology PLC Price and Consensus

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Long-term earnings growth for Netlist is currently pegged at 17.50%.

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