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Toshiba to acquire Fujitsu's HDD business

Seagate Technology (NYSE: STX) and Western Digital Corp. (NYSE: WDC) are the two top dogs in the hard drive business. While Seagate's merger with competitor Maxtor years ago should have helped quash Western Digital further, the latter has stayed strong and today has a share price Seagate can only dream of. Indeed, Seagate just tossed out Bill Watkins as CEO as the company tries to put the hurt on the competition. It just got a whole lot harder.

Continue reading Toshiba to acquire Fujitsu's HDD business

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Last updated: May 26, 2012: 09:42 PM

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