Deal creates drive giant
By Nick Flaherty www.flaherty.co.uk
Western Digital is to acquire Hitachi Global Storage Technologies (Hitachi GST), a wholly-owned subsidiary of Hitachi, for approximately $4.3 billion. The deal creates a global giant that will outship the current #1 supplier, Seagate.
Apparently WD tried to buy Seagate late last year for a rumoured bid above $8bn while Seagate was in
Monday, 7 March 2011
Hard drive market consolidation continues as Western Digital acquires Hitachi GST in $4.3bn deal
Posted on 04:36 by Unknown
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