Objective:
- Determine feasibility of acquiring GMR technology company

Strategy:
- Critically assess the current and future requirements for Seagate’s magnetic memory business and how the candidate acquisition could move Seagate to its next magnetic technology platform with minimum risk

Tactics:
- Evaluate candidate’s technical, production, marketing/sales and management team, current and future markets, product line, comparable values

Results:
- We recommended a price for Seagate’s acquisition, however, it was not sufficient for the current management to proceed with the sale
- To be acquired company did an IPO with moderate success