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Western Digital Cleared By E.U. to Acquire Hitachi Hard Drive Business

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Msg#: 4390361 posted 5:26 pm on Nov 23, 2011 (gmt 0)

Western Digital Cleared By E.U. to Acquire Hitachi Hard Drive Business [uk.reuters.com]
Western Digital has secured conditional approval from the European Union's competition regulator to purchase Hitachi's hard disk drive business for $4.3 billion, after it agreed to sell several production operations.

Western Digital, the world's second-biggest player in the hard disk drive (HDD) sector, and Hitachi, the third-biggest, unveiled the deal in March, which is aimed at giving the U.S. company an edge in developing next-generation information storage technology.

That's sure going to make them number 1 in the HD manufacturing business.



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Msg#: 4390361 posted 6:15 pm on Nov 23, 2011 (gmt 0)

well this is kinda sucky... now our choices for HDs will be

WD, or seagate..... sometimes samsung.


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