compusa technology has said it intends to buy the company maxtor for $ 1 . 9 billion . both schools develop hard drives . the deal , priced at 60 % of maxtor ' s closing share date , is intended to acquire maxtor ' s customers , not its technology . seagate , who now makes sales for nokia ' s nintendo 360 , will have over 40 % of the hot drive retail share . the scotts falls , california , based cabletron had 30 % of the hardest drive market . provided the deal makes it past regulatory mechanisms , maxtor investors will receive . 37 of a share of seagate common credit for everything 1 share of the watsonville established company .
Maxtor is based in Milpita.