Western Digital Will Buy Hitachi's Storage Division

Author: Cássio Lima Date: March 7, 2011 - 10:49 AM PST Category: Storage More Info: http://www.wdc.com/en/company/pressroom/releases.aspx?release=ba433e4b... Real-time pricing for WDC WDBACG0010HCH-NESN Western Digital My Book Live 1 TB Personal Cloud Storage Drive WDBACG0010HCH-NESN BE70047 Electronics Used and New WDC Amazon: $124.99 TigerDirect: $139.99 Newegg: $129.99 CompUSA: $139.99 The Western Digital will spend approximately USD 4.3 billion to buy Hitachi's storage division. Under the terms of the agreement, the Western Digital will pay USD 3.5 billion in cash and 25 million WD common shares valued at USD 750 million. Hitachi will have a 10% stake in Western Digital. The deal is expected to close in Q3. Print Version | Send to Friend | Bookmark Article | Comments (0)

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