Western Digital Hitachi Global Storage Acquisition Official Technologies

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Effective March 8 start of yesterday, the vendor Western Digital (WD) has had almost a whole from Hitachi Global Storage Technologies is now called by the name Viviti Technologies Ltd.. The value of the ownership agreement reached nearly USD 3.9 billion, which is Hitachi now has only 10% of stock ownership. Ownership of an increasingly shrinking makes it only can put 2 people have representation on the board of the Western Digital.

Western Digital WD itself will operate Technologies and Hitachi Global Storage Technologies is a subsidiary. Both hope to be able to meet demand in the form of hard disk storage is increasing. Known according to the IDC, the user requests to the disk almost continuously risen steadily with the estimate of 8.6% per year starting from 2011 to 2016. Massive demand is probably also one reason that makes WD to acquire Hitachi. He said he also hopes to further expand the consumer so that it has the opportunity to continue to grow. According to the news of all, the income of both companies starting in 2011 and reached USD 15 billion

Tag : storage
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