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Western Digital-Hitachi Deal Means One Less Hard Disk Drive Manufacturer
Two decades ago, there were 86 hard disk drive (HDD) manufacturers. Soon there will be just four, as Western Digital Corp. (NYSE: WDC) yesterday (Tuesday) announced a $4.3 billion deal to acquire Hitachi Global Storage Technologies (HGST). The addition of Hitachi's business will give Western Digital approximately 50% of the HDD market, putting it well [...]
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