Friday, August 26, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NHK Join Forces With Panasonic And Sony To Win The 8K TV Race
Intel Introduces New 3D NAND SSDs
Facebook To Use Personal Data From WhatsApp To Bring You Personalized Ads
Amazon Introduces Car Research Portal
Google Uses Artificial Intelligence To Compress Images
Researchers Make Wi-fi Networks Faster And Stronger
Apple Weighs iPhone Video Editing App
Mozilla is Fighting To Reform The EU Copyright Law
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 Accelerates Enterprise Momentum With 10GB/s PCIe SSD And 60TB SAS SSD
Seagate Introduces New SATA SSD For Enterprise Cloud Applications
Seagate Releases First 2TB M.2 Enterprise SSD
Seagate Unveils 10TB hard Drive Portfolio
Seagate Ups Q4 Outlook, Cuts 6500 Jobs
Seagate To Axe 1,600 Employees
Hitachi Hard Drives Remain The Most Reliable, Report Found
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

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 .