Tuesday, May 15, 2012

techPowerUp!: (PR) WD Completes Divestiture Of Assets To Toshiba Corporation

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(PR) WD Completes Divestiture Of Assets To Toshiba Corporation
May 15th 2012, 06:52

Western Digital Corp. today announced that it has completed its divestiture of certain 3.5-inch hard drive assets to Toshiba Corporation, as required by regulatory agencies that conditionally approved the company's completed acquisition of Viviti Technologies Ltd. (formerly Hitachi Global Storage Technologies). The assets will enable Toshiba to manufacture and sell 3.5-inch hard drives for the desktop and consumer electronics markets and will enhance its ability to manufacture and sell 3.5-inch hard drives for near-line (business critical) applications.

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