Western Digital to pay Seagate $525 million following arbitration.
[newsimage]http://static.rankone.nl/images_posts/2011/11/lqqsrm.jpg[/newsimage]A 5-year-old lawsuit brought by hard disk drive manufacturer Seagate against rival Western Digital was settled out of court on Monday. Seagate announced that an arbitrator has granted the company the go-ahead to collect $525 million in compensatory damages from Western Digital, plus an additional undetermined interest fee.
Read the full article here: [http://www.myce.com/news/western-digital-to-pay-seagate-525-million-following-arbitration-54848/](http://www.myce.com/news/western-digital-to-pay-seagate-525-million-following-arbitration-54848/)
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