Western Digital cleared to buy Hitachi GST, with conditions

By Jos · 4 replies
Nov 23, 2011
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  1. 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…

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  2. Burty117

    Burty117 TechSpot Chancellor Posts: 3,144   +911

    I hope they lower there prices soon, I really want/need to buy some hard drives :s
  3. venomblade

    venomblade TS Rookie Posts: 69

    Agreed! The $60 Spinpoint F3 1TB I was JUST about to buy spiked up to $160...going to wait this out.
  4. dividebyzero

    dividebyzero trainee n00b Posts: 4,891   +1,264

    Good luck with that.

    Predicted shortages through the whole of 2012 - Six months from lack of components, and six months from harddrive makers fulfilling OEM orders.
  5. ikesmasher

    ikesmasher TS Evangelist Posts: 2,996   +1,316

    They also predicted that as people that actually make the parts to make the hard drive open slowly their factories back up, that some will dump their inventories next month.

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