History (1997): Seagate Agrees to Pay Amstrad $131 Million

Amslit Ltd., the UK company created in the reorganization of computer manufacturer Amstrad, reached an out-of-the court settlement with Seagate Technology worth about £75 million ($131 million), or a little less than the roughly $150 million.

Seagate was ordered to pay by the British High Court of Justice, for delivering defective drives to Amstrad (some years ago).

Amslit is now a subsidiary of Viglen Technology.

In a similar decision, Amstrad sued Western Digital for £70 million in Orange Country Superior Court in California.

This article is an abstract of news published on issue 118 on November 1997 from the former paper version of Computer Data Storage Newsletter.