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June 24, 2013 06:49 pm -04
Original Link: http://www.engadget.com/2013/06/24/western-digital-stec-ssd/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget
Western Digital boosts SSD cred with $340 million sTec acquisition
Western Digital has clearly made a name for itself in the magnetic drive space, but it's hardly the go-to brand when it comes to SSDs. WD's betting that'll soon change, though, thanks to a $340 million investment. That sum will be used to acquire sTec Inc., a US-based SSD manufacturer best known for its enterprise solid-state drives (and a recent insider trading scandal). The company will fall under HGST, a WD wholly owned subsidiary, and will likely continue focusing its efforts on SSDs designed for business use -- serving up ones and zeroes in servers and data centers, for example. Catch a few more deets at the source link just below.
Filed under: Storage
Source: Reuters
Original Link: http://www.engadget.com/2013/06/24/western-digital-stec-ssd/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget
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Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget