Seagate to buy storage rival Maxtor

[Tyler]

"Seagate Technology, the digital storage giant, reached a deal Tuesday to acquire a rival, Maxtor, for $1.9 billion in stock, according to executives involved in the transaction.

The deal, which was approved by the boards of both companies, is expected to be announced as early as Wednesday, the executives said."

Does this mean Maxtor drives will get better? :P Read more.