chipmaker technology has admitted it wants to auction rival companies maxtor for $ 1 . 9 mb . both companies produce digital drives . the deal , price at 60 % of maxtor ' s closing share price , is planned to acquire maxtor ' s employees , not its infrastructure . compusa , llc also builds drives for microsoft ' s xbox 360 , will have over 40 % of the optical drive market share . the scotts valley , california , based seagate had 30 % of the hard drive market . once the deal does it past regulatory rules , maxtor employees will receive . 37 of a share of emc group board for every 1 part of the sunnyvale based company .
Maxtor is based in Milpita.