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File this one under industry-changing mergers that never were -- Bloomberg is reporting that Seagate rejected a takeover bid from rival Western Digital in October, which would have created a hard drive company to dwarf all others. According to "two people with knowledge of the matter," Western Digit...

December 5th 2010 at 7:03am 0 Comments
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It's not exactly a huge surprise at this point, but Fujitsu and Toshiba have announced today that they've signed a memorandum of understanding on the transfer of Fujitsu's hard drive business to Toshiba, and that they plan to conclude a transfer contract "at an early date." To make the transition as...

February 17th 2009 at 2:54pm 0 Comments
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Hitachi may be out of the picture (if it was ever actually in the picture to begin with), but it looks like Toshiba is now very close to buying Fujitsu's hard drive business in a deal that's reported to be worth between 30 and 40 billion yen, or anywhere from $335 to $447 million. That would make To...

January 14th 2009 at 9:39pm 0 Comments