Monday, June 27, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Galaxy Note 7 Specs Show 64GB Onboard - Google-branded Phone In the Works?
MediaTek Launches Linato-compatible Helio X20 Development Board For Android Developers
Qualcomm Announces 5G NR sub-6 GHz System and Trial Platform
Samsung Trademarks The 'Ahead' Communication Device
Intel Could Sell Cyber-Security Unit
Microsoft Says Scorpio System will Not Offer Higher Frame Rates With Xbox One Games
China to Regulate Search Results Ads
HTC Apologizes For Poor Results, Pins Hopes On VR
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > PC Parts > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, January 14, 2009
Toshiba to Buy Fujitsu's Hard Drive Business


Toshiba said on Wednesday it is in talks to buy Fujitsu Ltd's hard-disk drive business in a deal reportedly worth 30-40bn yen ($335-$447m) and potentialy creating the world's largest maker of small hard drives.

The Nikkei business daily earlier reported that the deal would be announced at the end of the month if the heads of the two companies come to an agreement at a meeting to be held within the week.

Both Toshiba and Fujitsu confirmed today that they are holding negotiations but no agreement has been made.

"There were reports in the media today regarding Fujitsu Limited's hard disk drive (HDD) business. These reports are not based on any announcement made by Fujitsu," reads Fujitsu's announcement.

"Reports in today's media of a potential transaction in the hard disk drive business are not based on any announcement by Toshiba. While the companies involved are in negotiations, nothing has been decided yet," Toshiba said today.

Such a deal would create the world's largest maker of small hard drives that are used in electronics products such as laptops and car navigation systems.

Fujitsu is looking at selling its remaining hard-drive operations to other firms with an eye on withdrawing from the business altogether, the Nikkei said.

Seagate Technology, the world?s largest producer of hard- disk drives, bought magnetic-head manufacturer Maxtor in 2007, while its closest rival Western Digital paid $1 billion for component maker Komag Inc. last year.

Hitachi Ltd., the world?s third-largest maker of the drives, returned the business to profit in the quarter ended March 2008 after cutting about 11 percent of workers at the unit and closing plants. The operation had lost money since Hitachi bought factories from IBM in 2002.


Previous
Next
Pioneer Stops Production of LaserDisc Players        All News        Experts Announce the 25 Most Dangerous Programming Errors - And How to Fix Them
Seagate Announces New Cheetah Hard Drives     PC Parts News      Next Version of DisplayPort to Support HD 3D, Higher Resolutions

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba PC Business Not Affected By Company's Restructuring
Toshiba Develops High-Speed MTJ Element for Non-Volatile STT-MRAM For 2X nm Generation Transistors
Toshiba Develops Circuit Technology for Small Area Non-volatile FPGAs
New Imaging Technique Can Simultaneously Acquire a Color Image and Depth Map from a Single Image Taken with a Monocular Camera
New Toshiba 8TB X300 Hard Disk Drive Released
Hitachi Hard Drives Remain The Most Reliable, Report Found
Fujitsu Technology Analyzes Cyber Attacks
Fujitsu Releases New Enterprise PC and Tablet Models
Fujitsu, Vaio, Toshiba, Abandon PC Merger Plans
New Toshiba Q300 And Q300 Pro Family Of SSDs Launch With 15nm TLC Flash Memory
Toshiba Recalls Laptop Computer Battery Packs Due to Burn and Fire Hazards
Fujitsu Develops 400 Gbps Optical Transceiver Architecture

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .