Seagate is completing the acquisition of Samsung's hard drive division
The hard drive market is not at its best lately. GodFlooding in Thailand
Caused the termination of production lines, the amount of available drives is thinning and the prices of drives, of course, leap to the sky. That's how it is when the demand is greater than the supply.
Yesterday, Seagate Has announced
That it has completed the acquisition of the drives' division סמסונג
, For 1.4 billion, when part of this sum was paid in 9.6 percent of the shares of Seagate which are now owned by the company סמסונג
. Seagate is supposed to keep its employees סמסונג
With her, when she will also receive some of the senior managers, heads of the drive division.
Samsung will receive, in addition to nearly ten percent control of Seagate, a supply of Seagate owned computers סמסונג
. In addition, some drives will retain the brand name of סמסונג
For a period of about a year, until Segate can manage its entire production system.
Why do we mention the negative cement purchase? Because such purchases only reduce competition in a market that is already deep in water. if also Western Digital
Complete the acquisition of Hitachi's drive division, we will have 2 less drive manufacturers. Evidence of "collaboration" between the drive manufacturers We can already see in the warranty period cuts that companies have already announced Western Digital
Do you notice that the cuts are led by the companies that buy other companies?