Error
  • JUser::_load: Unable to load user with id: 67

Featured Articles

Intel releases tiny 3G cell modem

Intel releases tiny 3G cell modem

Intel has released a 3G cellular modem with an integrated power amplifier that fits into a 300 mm2 footprint, claiming it…

More...
Braswell 14nm Atom slips to Q2 15

Braswell 14nm Atom slips to Q2 15

It's not all rosy in the house of Intel. It seems that upcoming Atom out-of-order cores might be giving this semiconductor…

More...
TSMC 16nm wafers coming in Q1 2015

TSMC 16nm wafers coming in Q1 2015

TSMC will start producing 16nm wafers in the first quarter of 2015. Sometime in the second quarter production should ramp up…

More...
Skylake-S LGA is 35W to 95W TDP part

Skylake-S LGA is 35W to 95W TDP part

Skylake-S is the ‘tock’ of the Haswell architecture and despite being delayed from the original plan, this desktop part is scheduled…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 19 April 2011 11:58

Seagate to buy Samsung HDD business

Written by


Confirms $1.37 billion deal
Seagate has officially announced a deal to acquire Samsung’s HDD business for $1.37 billion. Seagate will make half of the payment in cash, while the other half will be made in stock, which will give Samsung a 9.6 percent share in Seagate.

This is a rather interesting development, as Seagate will end up with a somewhat higher market share, while at the same time Samsung, a major producer of flash memory will end up with a sizable chunk of Seagate. Hence, under the deal Seagate will continue to supply Samsung’s ever growing needs for HDD storage, while Samsung will return the favor with flash supplies, so we can probably expect to see Seagate SSDs packed with Samsung chips in the future.

However, it will take some time before the deal is finalized and analysts expect it to be formally closed by the end of the year.

Western Digital will still remain the largest HDD maker on the market. Last month the outfit acquired Hitachi’s HDD business for $4.3, ensuring the top slot for years to come. As a result, the industry will end up with just three hard drive makers.

Toshiba is still soldiering on in third place and we can only guess whether it will choose to sell its hard drive business like Hitachi and Samsung. This would result in a new tech duopoly, much like the ones we have today in the CPU and GPU arena.

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments