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Seagate technology PLC is a public limited company which is specialises in computer storage equipment. The company was founded in 1979 by Alan Shugart, Tom Mitchell, Doug Mahon, Finis Conner and Syed Iftikar. Their operational headquarters is located in Cupertino California, United states. The products they distribute go worldwide. These products are hard disk drives, hybrid drive and solid state drives. In the fiscal year 2016, Seagate recorded a revenue of US $11.16 billion, an operating income of US $0.445 billion, a net income of US $0.248 billion, total assets US $82.52 billion and a total equity of US $1.593 billion. They have a subsidiary company, LaCie and in 2016 had 45,487 employees. In the year 2007, Seagate created the hybrid drive concept.