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March 6, 2012 10:05 pm

Western Digital's Hitachi Storage Takeover Approved With Restrictions


angry tapir writes "Western Digital's plan to buy Hitachi Global Storage has run into US FTC resistance: The U.S. FTC will require Western Digital to sell off assets used to manufacture desktop hard drives to a competitor as a condition of its US$4.5 billion acquisition of rival Hitachi Global Storage Technologies, the agency has announced."It looks like Toshiba is the competitor receiving the manufacturing assets.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/AQnuYm6DO-U/western-digitals-hitachi-storage-takeover-approved-with-restrictions

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