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The company was founded by Alan Shugart (back from a sabbatical after getting pushed out of Shugart Associates) and Finis Conner; their first product (released in 1980) was the ST-506, the first hard drive to fit the 5.25" form factor of the (by then famous) Shugart "mini-floppy" drive. The drive was a hit, and was later released in a 10-megabyte version, the ST-412.

Through the 1980s, Seagate mainly sold simple drives that were derivatives of (and improvements upon) the original ST-506 design; the ST-225 20MB drive and ST-251 40 MB drive were the biggest sellers of this age, though they also sold faster drives that used voice coil technology. Because of this, Seagate drives were sometimes referred to as cheap and unreliable, a reputation not entirely undeserved because of the 225's and 251's usage of stepper motors to position the heads. However, Seagate drives were usually held in better regard than their competition (mainly MiniScribe, but also Microscience , Rodime , Tandon and Kalok ). Seagate finally abandoned stepper motor designs in the early 1990s; the ST351A/X, an oddball 40 MB drive that could run on either an ATA or XT Attachment bus, was their last product to use a stepper.

Finis Conner left Seagate in early 1985. After one failed attempt to start his own company, and also briefly serving as CEO at CMI, in 1986 he founded Conner Peripherals, which originally specialised in small-form-factor drives for portable computers. Conner Peripherals also entered the tape drive business with their purchase of Archive Corporation . After ten years on their own, Conner rejoined Seagate in a 1996 merger.

In 1989, Seagate entered the high-end drive market with their purchase of Control Data's MPI/Imprimis disk storage division. This gave them access to CDC's voice coil and disk-manufacturing patents, as well as the first 5400 RPM drives on the market (the CDC Elite series). In 19921992 is a leap year starting on Wednesday. Events January January The Internet Society is formed. January 1 Boutros Boutros-Ghali of Egypt replaces Javier Perez de Cuellar of Peru as United Nations Secretary-General January 1 George H. Bush becomes the fi, Seagate introduced the Barracuda, the industry's first hard drive with a 7200 RPM spindle speed. They followed this with the Cheetah (the first 10,000 RPM drive) in 1996 and the X15 (15,000 RPM) in 2000This page is about the year 2000. See 2000 AD for the UK comic book, Number 2000 for other uses. 2000 is a leap year starting on Saturday (see link for calendar), and also the International Year for a Culture of Peace''. Events Y2K passes without the seri. They also introduced the Medalist Pro 7200 range, the first ATA drives with a 7200 RPM spindle, in 19971997 was a common year starting on Wednesday (see link for calendar), and was designated the International Year of the Reef''. Events January January 3 NBC's Today Show Bryant Gumbel signs off for the last time January 8 Mister Rogers receives a star on t.

Seagate was traded for most of its life as a public companyLiterally a public company is a company owned by the public. There are two uses of this term. A company that is owned by stockholders who are members of the general public and traded publicly. Ownership is open to anyone that has the money and inclination on the NASDAQNASDAQ originally an acronym for National Association of Securities Dealers Automated Quotations is a stock exchange run by the National Association of Securities Dealers. When it began trading on February 8, 1971, it was the world's first electronic stoc system, as SGAT. In 2000This page is about the year 2000. See 2000 AD for the UK comic book, Number 2000 for other uses. 2000 is a leap year starting on Saturday (see link for calendar), and also the International Year for a Culture of Peace''. Events Y2K passes without the seri, the company was taken private by an investment group composed of Seagate management, Silver Lake Partners and Texas Pacific GroupThe Texas Pacific Group a private equity investment firm founded by David Bonderman, James Coulter and William Price in 1993. The Texas Pacific Group has offices in Fort Worth, San Francisco and London. The Texas Pacific Group have an aggregate committed in a 3-way merger-spinoff with Veritas Software; Veritas merged with Seagate, which was bought by the investment group. Veritas was then immediately spun off to shareholders, gaining rights to all of Seagate's software products (such as Backup Exec ), as well as Seagate's shares in SanDisk and Dragon Systems . Seagate re-entered the public market in December 2002 on the New York Stock Exchange as STX.

Seagate Research was established in Pittsburgh, Pennsylvania in August 1998 .