WD gets go ahead to buy Hitachi’s HDD business

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.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

iGyaan Network
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Share via