Western Digital seals the deal, acquiring Hitachi storage



Western Digital seals the deal, acquiring Hitachi storage.

[newsimage]http://static.rankone.nl/images_posts/2012/03/UHcUjJ.jpg[/newsimage]Western Digital has closed a $4.1 billion deal to acquire Viviti Technologies (formerly Hitachi GST), effectively cutting the number of hard disk drive manufacturers to three. The total cost breaks down to 25 million WD stock shares worth $900 million and $3.9 billion in cash.

Read the full article here: [http://www.myce.com/news/western-digital-seals-the-deal-acquiring-hitachi-storage-60034/](http://www.myce.com/news/western-digital-seals-the-deal-acquiring-hitachi-storage-60034/)

Please note that the reactions from the complete site will be synched below.


crap, we really need more hard drive manufacturers or else the prices will keep increasing while quality continues to decrease.


And not to mention they sealed your wallet to their fat bank accounts to whatever they want to charge you for those drives and you have no recourse…


I am most sad that samsung HDDs are gone. Don’t know if seagate will keep them alive. They where great. Loved the older 5400rpm drives and the eco green drives. Slow but stable and great quality.


Fine, now bring down the price of hard drives!
There should be more scrutiny than ever on the price of their products now that they are fewer competitors… take all the speculation out of the street price for hard drives!
Street prices are (STILL) 75-125% of msrp depeding upon which product and which reseller.