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WD gets go ahead to buy Hitachi’s HDD business

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WD gets go ahead to buy Hitachi’s HDD business

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Western Digital had announced its plans to buy Hitachi’s (or Acquire) Hard Drive business for a total of 4.3 Billion US $. Regulators only approved the Western Digital deal after assurances that the company would sell off some its production assets, including a manufacturing plant, and transfer some intellectual property to the new unit being put on the auction block.

So as soon ad WD can sell off their existing plant, they will be ready to take over Hitachi’s units.

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AdityaT
AdityaT
iGyaan News Correspondent, an Intern, Technology lover, iGyaan hippie