Monday, December 22, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 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
New Seagate NAS HDD Solutions For Small And Medium Businesses
ASTC Says 100 TB HDDs Coming in 2025
Seagate Shifts Economics of Cloud Computing With New 4TB Kinect HDD
Toshiba Offers New 4TB and 5TB Desktop HDDs
Seagate Reports 1Q 15 Profit
Seagate Announces New Cloud, Storage Services
New WD My Passport Portable Storage Drive Has Wireless Function And SD Card Slot
Seagate Ships First 8 TB Hard Drives
Seagate Launches Channel On Roku
Western Digital Introduces 6 TB NAS Hard Drive, Seagate Starts Sampling 8GB Models
Seagate Delivers New Network Storage Portfolio
HDD Market Seen To Post Modest Growth in 2014

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .