07.03.2011 14:35 Uhr, Quelle: MacNN

Western Digital to snap up Hitachi GST for $4.3 billion

Western Digital said on Monday that it was buying Hitachi Global Storage Technologies for the equivalent of $4.3 billion. The move includes a combination of $3.5 billion in cash as well as shares worth about $750 million. The deal will see the WD name remain but see Hitachi GST's CEO Steve Milligan join WD as president.

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