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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.