Western Digital and Hitachi, Ltd. announced Monday that they have entered into a definitive agreement whereby WD will acquire Hitachi Global Storage Technologies (Hitachi GST), a wholly-owned subsidiary of Hitachi, Ltd., in a cash and stock transaction valued at approximately $4.3 billion. The company says the proposed combination of the largest and third-largest makers of hard disk drives (WD c.31%, Seagate Technology c.29%, Hitachi GST […]
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