Filed under: Storage
According to excited rumblings emanating from "undisclosed sources," drive-maker Hitachi is in talks with Fujitsu and Toshiba over the formation of new joint-company dedicated to hard drives and other storage systems. Apparently, Hitachi has had early discussions with the equity firm Silver Lake over spinning off its recently-troubled hard drive unit, though apparently the conversations haven't exactly been fruitful. Silver Lake has long-standing ties to Seagate, and observers (again, unnamed) have alleged that the company doesn't understand a traditional Japanese business. If the deal is going down, "sources" and "observers" say it's likely to happ