Friday, May 06, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
U.S. ITC To Probe Smartphone Vendors
Facebook Loses Suit Over Storing Biometric Data
Apple and SAP to Develop Business Apps For iPhone And iPad
Upgrading To Windows 10 Will Cost $119 After July
Amazon To Take Stake In Cargo Airline
HTC Sets Up New Company
Samsung 4K Blu-ray Player Gets UHD Alliance Certification
Google, Fiat Chrysler To Work Together On Self-driving Vehicles
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 > EC Clea...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 20, 2011
EC Clears Seagate Acquisition of Samsung HDD Business


The European Commission approved on Wednesday the acquisition by Seagate Technology of the hard disk drive (HDD) business of Samsung Electronics, after concluding that the transaction would not significantly impede effective competition in European Economic Area (EEA) or any substantial part of it.

The Commission's examination showed that there are separate worldwide markets for hard disk drives based on their end use application (such as desktop computers, mobile computers, servers). The Commission also identified a separate market for external hard disk drives in the European Economic Area (EEA) 1, which is downstream from hard disk drives.

The main impact of the transaction is on the markets for 3.5" desktop hard disk drives and 2.5" mobile hard disk drives where EC's investigation revealed that Samsung is not a particularly strong competitor. There would remain three strong suppliers on the 3.5" desktop market (the merged entity, Western Digital of the US and Japan's Hitachi Global Storage Technologies), and four strong suppliers on the 2.5" mobile market (the three plus Toshiba, also of Japan). "With at least three suppliers, customers will retain sufficient possibilities to switch suppliers," the Commision said. The Commission also found that the removal of Samsung is not likely to lead to a risk of coordination among the remaining HDD suppliers.

The Commission found that the proposed transaction would not jeopardise the business of Japan's TDK, an independent supplier of heads for HDDs, as the merged entity will continue to buy a sufficient volume of components from TDK post-merger. Finally, the Commission found that there would be no effect on the market for external hard disk drives in the EEA as non integrated suppliers of external hard disk drives would retain sufficient alternative sources for hard disk drives.

The Seagate/Samsung deal was assessed independently of Western Digital's proposed acquisition of the HDD and Solid State Drives (SSDs) businesses of Hitachi Global Storage Technologies which was notified one day later and is still pending.

Seagate notified its proposed acquisition of the hard disk drive business of Samsung to the Commission on 19 April 2011. The Western Digital/HGST case was notified to the Commission on 20 April 2011. In May 2011, the Commission started an in-depth investigation into both transactions.


Previous
Next
Above & Beyond and G-Technology To Offer Live Streaming DJ Set        All News        Mango Smartphones Coming From Nokia And Samsung
Asus To Launch Android Transformer Prime Tablet Powered By Nvidia's Kal-El Processor     PC Parts News      OCZ Unveils the Modular ZT Power Supply Series

Get RSS feed Easy Print E-Mail this Message

Related News
Seagate Now Shipping 10TB Helium Enterprise Drive
Seagate Launches 'Innov8' USB-Powered Desktop Hard Drive
Seagate Demonstrates 10GBps SSD Flash Drive
Seagate Now Shipping 7mm 2TB Mobile Hard Drive
Seagate Unveils 10TB Helium Enterprise Drive
Seagate Launches 8TB NAS HDD
Seagate Launches World's Thinnest 2TB Mobile Hard Drive, New Lacie And Porche Design Desktop Drives
Seagate And Newisys Demonstrate Flash Storage Architecture Capable Of 1TB/s
Seagate Unveils New ClusterStor G200 Storage System
Seagate Cleared To Fully Integrate Samsung HDD Business
3Q15 Hard Disk Drive Shipments Report
Seagate to Cut Workforce

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 .