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Samsung to Sell HDD Unit to Seagate in $1.4B Deal

The deal stands to solidify Seagate’s position as the world’s second-largest maker of hard disk drives. The deal comes less than a month after Western Digital said it would buy Hitachi GST. If both deals go through, the hard disk drive market will have just three players by the end of the year, the other being Toshiba. The story has been corrected on the wire and the second paragraph now to read: The second paragraph has been changed to reflect the error in its description of Western Digital’s plan.”]

Source: https://www.csoonline.com/article/2128263/samsung-to-sell-hdd-unit-to-seagate-in–1-4b-deal.html

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