IBM Bails Out of the Hard Drive Market

DJ STORM writes: "IBM has decided to exit the hard drive market citing the market has become too competitive.They plan to sell 70% of the their HD business to Hitachi. The new company name is unknown. One has to wonder if this has anything to do with IBM's troubled Deskstar GXP series." IBM will still have part ownership of the resulting venture, but it sounds like no more Deskstars. Update: 04/17 16:33 GMT by T : You may also find interesting some older posts about IBM's work on increasing hard drive storage (1, 2, 3); hopefully, the new company will continue that R&D effort.

Comments

Re:Good Riddance...

[JThaddeus]

I just wish they had done it in 1985 when they put that piece of crud 20MB in the first PC-ATs! I was installing some 50+ PC-ATs overseas at the time and IBM's harddrives were nothing but trouble. We finally had to go with dual-floppy systems until--months later--IBM sent us Seagate drives.