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Topic:
WD+Hitachi merger requires WD giving assets to Toshiba.
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Ravynmagi
Title: Moderator
Posts: 1,098
Registered: 2001-12-23 17:10:17
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Date Posted:
3/6/12 11:16am
Subject:
WD+Hitachi merger requires WD giving assets to Toshiba.
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The WD and Hitachi merger is almost complete. But the FTC has tied some pretty big strings to give it's consent. Out of concern of a WD and Seagate duopoly, they've ordered that WD give Toshiba production assets equal to those of Hitachi and give Toshiba access to all it's research and licenses.
Seems like a big windfall for Toshiba. What about poor Samsung though?
http://www.engadget.com/2012/03/06/ftc-orders-western-digital-share-assets-with-toshiba/
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Locuus
Posts: 124
Registered: 2003-3-13 22:55:35
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Date Posted:
3/6/12 11:16am
Subject:
WD+Hitachi merger requires WD giving assets to Toshiba.
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Seems a harsh decision to me. What WD gains as production assets they have to give to another company and on top of that give them access to its research? Ouch!
Why wold they have to give up their research to a competitor though? It will make Toshiba more competitive, but kind of unfair for WD.
And yes, what about Samsung?
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Men do not differ much about what things they will call evils; they differ enormously about what evils they will call excusable. ~ G. K. Chesterton
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Date Posted:
3/6/12 11:16am
Subject:
WD+Hitachi merger requires WD giving assets to Toshiba.
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If I'm not mistaken, Samsung's hard drive division was purchased by Seagate last year.
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Locuus
Posts: 124
Registered: 2003-3-13 22:55:35
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Date Posted:
3/6/12 11:16am
Subject:
WD+Hitachi merger requires WD giving assets to Toshiba.
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Then what about Seagate?
-----signature-----
Men do not differ much about what things they will call evils; they differ enormously about what evils they will call excusable. ~ G. K. Chesterton
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Ravynmagi
Title: Moderator
Posts: 1,098
Registered: 2001-12-23 17:10:17
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Date Posted:
3/6/12 11:16am
Subject:
WD+Hitachi merger requires WD giving assets to Toshiba.
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Yeah, forgot Samsung also got swallowed up recently. Geez, WD and Seagate have pretty much sucked up everyone. Shame, I loved Samsung, but I don't like Seagate.
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Nakal
Title: Moderator
Bad Moogle
Posts: 363
Registered: 2002-7-9 11:50:38
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Date Posted:
3/6/12 11:16am
Subject:
WD+Hitachi merger requires WD giving assets to Toshiba.
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Sheesh, remember when there was Maxtor, WD, Samsung, Hitatchi, IBM (DeathStar lol) and others? Sheesh... Duopoly scares me...
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Currently in the MMO unemployment line.
Can I get $15/month for not playing them?
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Acao
Posts: 123
Registered: 2004-11-29 18:50:07
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Date Posted:
3/6/12 11:16am
Subject:
WD+Hitachi merger requires WD giving assets to Toshiba.
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Nakal posted:
Sheesh, remember when there was Maxtor, WD, Samsung, Hitatchi, IBM (DeathStar lol) and others? Sheesh... Duopoly scares me...
Monopoly should scare you more, that is why the asset transfer is happening. Duopoly is what we effectively have for PC CPU's with Intel and AMD having the only ones to realistically consider for a non portable computer.
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Acao Freestar OSS
Master Smuggler, Master Pistoleer, Retired
Cell phones are a lot like religion. Give an arsehole a phone or a god, and they ruin your day.
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