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HDD revenue to fall 11.8% in 2013, WD may bump Seagate for top spot
- Industry analyst IHS iSuppli expects revenue generated by sales of mechanical hard drives to slip by 11.8 percent during 2013. HDD sales in 2012 grossed a healthy $37.1 billion during 2012, but a speculative 11.8 percent drop could whittle that…
Western Digital completes Hitachi GST acquisition
- One year after announcing the deal, Western Digital has officially completed its acquisition of Viviti Technologies (formerly Hitachi GST) for $3.9 billion in cash and 25 million shares of WDC common stock valued totaling about $0.9 billion. The company plans…
Western Digital to swap certain HDD assets with Toshiba, moves closer to Hitachi GST merger
- Western Digital announced today that it has reached an agreement with Toshiba Corporation to divest certain hard drive manufacturing assets in order to meet the requirements of regulatory agencies reviewing the company's pending acquisition of Hitachi Global Storage Technologies. As…
Hitachi GST ships two new 4TB Deskstar-based disks
- Hitachi Global Storage Technologies announced on Monday that it has begun shipping 4TB desktop mechanical hard disks targeted at consumer PCs. This follows on from Seagate announcing it was releasing its own 4TB disks back in September.
Western Digital cleared to buy Hitachi GST, with conditions
- Western Digital has been cleared by the European Commission to acquire Hitachi's hard drive business in a cash and stock transaction valued at about $4.3 billion. The deal, announced roughly eight months ago, should leave Western Digital with about 50%…
Hitachi GST announces 1TB per platter hard drives
- Hitachi GST has announced their first 3.5-inch hard drive featuring 1TB of storage capacity per platter. The milestone was first announced by Seagate in May, with drives hitting the market last month. But while Hitachi may be playing catch up…
G-Technology launches wireless HDD for phones and tablets
- Following in on Seagate's footsteps, G-Technology, a subsidiary of Hitachi GST, has announced a personal storage device that can act as a companion to mobile devices with little storage capacity. Much like the GoFlex Satellite, the new G-Connect has a…
Western Digital to buy Hitachi GST for $4.3 billion
- Western Digital has just announced an agreement to acquire Hitachi Global Storage Technologies in a cash and stock deal valued at about $4.3 billion. Under the terms of the agreement, Japan's Hitachi will sell its wholly owned hard disk drive…
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