{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-107068","form_type":"8-K","ticker":"STX","cik":"0001137789","company_name":"Seagate Technology Holdings plc","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.423092+00:00","generated_at":"2026-06-03T11:23:14.948925+00:00","sec_items":["1.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Seagate sells SoC assets to Broadcom subsidiary for $600M cash","bullets":["Sold SoC-related IP, equipment, and assets to Avago Technologies (Broadcom subsidiary) for $600M in cash.","Broadcom affiliate to offer employment to certain Seagate employees engaged in SoC operations.","Existing purchasing agreement with Broadcom subsidiary restructured as part of the transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-107068","json":"https://secwatch.observer/filing/0001193125-24-107068.json","markdown":"https://secwatch.observer/filing/0001193125-24-107068.md","text":"https://secwatch.observer/filing/0001193125-24-107068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1137789/000119312524107068/0001193125-24-107068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1137789/000119312524107068/d821361d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T11:23:14.948925+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f21e1ad0797c4c55c3ad9b51d55e9f97153347d6","claim":"Seagate Technology Holdings plc entered into Asset Purchase Agreement with Avago Technologies International Sales Pte. Limited valued at $600,000,000 (effective 2024-04-23).","evidence_excerpt":"On April 23, 2024, Seagate Technology Holdings public limited company (the “ Company ” or “ Seagate ”) and Seagate Technology LLC, a Delaware limited liability company, Seagate Technology HDD (India) Private Limited, a private company incorporated under the laws of India, and Seagate Singapore International Headquarters Pte. Ltd., a private company incorporated under the laws of Singapore, each a subsidiary of the Company (such subsidiaries, the “ Seagate Sellers ”), entered into an Asset Purchase Agreement (the “ APA ”) with Avago Technologies International Sales Pte. Limited, a private company incorporated under the laws of Singapore (“ Purchaser ”) and a subsidiary of Broadcom Inc.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1137789/000119312524107068/0001193125-24-107068-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Avago Technologies International Sales Pte. Limited"},{"label":"Value","value":"$600,000,000"},{"label":"Effective","value":"2024-04-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}