| Western Digital buys Hitachi Hard Drives |
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 Hard drive giant Western Digital buys Hitachi Global Storage Tech and becomes twice as large as its nearest competitor. Western Digital is already the largest manufacturer of traditional hard drives with Seagate in second place and Hitachi in third. But the market for the spinning storage units marked erosion of the flash memories of growing storage capacity and foremost demand of the notebook. Hitachi emerged as one of the major hard drive manufacturers in 2002 after buying IBM's operations in the storage area. Today's weak profitability in the large industrial group Hitachi's digital operations, reports the AP news agency. With Western Digital's acquisition of Hitachi hard drives, valued at 27 billion, forming a giant that will be twice as large as the second Seagate. |
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