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Samsung HD Unit Bought By Seagate

Posted by CmdrTaco on from the slow-news-day dept.

nanoflower followed up on a recent story about the unpredictable future of data storage. That story talked about Western Digital buying Hitachi, leaving just 4 players. Now: "Yet another hard drive company is going by the wayside, as Seagate is buying the Samsung HDD unit. Seagate is buying the unit for $1.375 billion (half in stock, half in cash)."

3 of 153 comments (clear)

  1. Aha! by dimethylxanthine · · Score: 4, Funny

    Nobody expects a Seagate acquisition!

  2. How much did Seagate actually pay by Fireshadow · · Score: 5, Funny

    after the mail in rebate ?

    --
    "It's one thing to talk about the poetry of machines. Quite another to listen to it for yourself."
  3. Back at Ya by BSalita · · Score: 5, Funny

    $1.375 billion or $990 million formatted.