HardDisks
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Seagate completes purchase of LaCie in quest to become king of the hard drive hill
The final price may end up being more than the initially proposed $186 million, but Seagate has successfully acquired a controlling share of LaCie stocks. The provisional price of €4.05 per share could increase to €4.17 if Seagate manages to accumulate 95 percent of the company's stocks in the next six months. As of now, however, it hold just shy of 65 percent, enough to take control of the French manufacturer. With LaCie and its valuable consumer business under its belt and Samsung's SSD expertise, the move to reject a Western Digital take over is looking better and better. After all, consumer choice is the engine of capitalism and now Seagate has more than enough ammunition to take on WD and its Hitachi properties. Check out the PR after the break.
FTC: Western Digital and Hitachi must give assets and IP rights to Toshiba (update: sale approved)
Thought everything was looking rosy for the hard drive hitch of the year? Well, it looks like Federal Trade Commission reckons the union of Hitachi and Western Digital isn't quite there just yet, ordering that the new company would have to shed some of its assets to Toshiba. The FTC wants to ensure a competitive climate in the 3.5-inch hard drive market and avoid Western Digital and Seagate -- the two largest HDD manufacturers -- carving up the whole sector between them. According to the FTC's proposals, Toshiba has to receive the production assets needed to equal Hitachi's current HDD market share, alongside access to Western Digital's research and development resources and licenses to its intellectual property. Regulators had previously stated that WD could expect to sell on some of its production assets in order to get the tie-up okayed. Western Digital now has 15 days to hand over these assets to Toshiba -- who, presumably, aren't complaining -- once the deal with Hitachi is finally inked. Update: Looks like all the FTC wrangling was worth it, because WD and Hitachi have announced that all the necessary approvals have been obtained and the deal is due to close on March 8th. PR's after the break.
Western Digital purchase of Hitachi's hard drive business approved by EU regulators
Two of the hard drive industry's biggest players will soon be just one company. European Union regulators have given a conditional thumbs-up to Western Digital's plans to snatch up Hitachi's storage division for $4.3 billion. The companies are the second and third largest hard disk manufacturers in the world (respectively) behind Seagate, which purchased Samsung's HDD division back in April. Out of concern for the quickly consolidating market, regulators only approved the Western Digital deal after assurances that the company would sell off some its production assets, including a manufacturing plant, and transfer some intellectual property to the new unit being put on the auction block. As soon as WD finds a buyer it'll be free and clear to take over Hitachi's HDD division. So, anyone interested in a hard drive manufacturing plant?
Toshiba introduces tiny enterprise hard drives with big speed and big storage
You're probably laughing to yourself right now saying, "300GB? That's not big storage." But, hear us out. The oh-so memorably titled MK01GRRB and MK01GRRR are not your standard hard drives -- these are enterprise-grade disks that spin at 15k RPM and fit in a 2.5-inch bay. Toshiba claims they're the highest capacity 2.5-inch, 15k drives on the market, and we couldn't dig up any evidence to the contrary. The 6Gb/s SAS connection makes sure businesses get the most they can out of those platters spinning at break neck speeds and the GRRR models include a self-encrypting feature. The two drives will start shipping in both 147 and 300GB sizes in Q1 of 2012, but pricing has yet to be announced. Check out the PR after the break for a few more details. Update: Seagate wrote in to let us know that they had a similar drive at the same size, capacity and speed earlier this year. So, take that, Tosh.
Distributor roadmap shows super speedy 900GB, 2.5-inch HDD
Got a hankering for smaller, faster, more capacious magnetic storage? Compellent says you'll get it soon, at long as you're buying for the IT market. According to The Register, the enterprise storage provider listed 900GB, 10,000RPM 2.5-inch hard drives on its product roadmap, as well as 300GB models that spin at 15,000RPM. Sure, we've seen smallish drives with those speeds or that capacity before, and you can get a 600GB, 10,000RPM Velociraptor even in the consumer marketplace, but it seems like the puzzle pieces are all coming together. Quick disclaimer: Compellent doesn't actually make hard drives, but it most certainly sells them, so we'd expect a company in their position to know what's what. That, or they could be making stuff up. Perhaps platter density makes those sizes and capacities inevitable, but we can't pretend that we're not jazzed about the possibilities.
