WD grits teeth, hands over the goodies to Toshiba to regulators and dentists' delight

Western Digital has completed its FTC-ordered handover of assets to Toshiba in order to buy Hitachi's HDD business Viviti. The wedding of the year was halted when regulators, citing monopoly concerns, demanded WD hand over a bundle of IP, R&D materials and production line gear to Tosh. In exchange, Western Digital will take over Toshiba Storage Device (Thailand), the arm of the company that was devastated in the recent flooding. It's WD's aim to integrate the remaining assets into its own local operations -- you can read the official line in the land of pure imagination below.

Continue reading WD grits teeth, hands over the goodies to Toshiba to regulators and dentists' delight

WD grits teeth, hands over the goodies to Toshiba to regulators and dentists' delight originally appeared on Engadget on Tue, 15 May 2012 08:36:00 EDT. Please see our terms for use of feeds.