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Western Digital to Acquire Hitachi Global Storage

Western Digital will acquire Hitachi Storage in a acquisition valued at $4.3 billion.

"This brings together two industry leaders with consistent track records of strong execution and industry outperformance," said Steve Milligan, president and chief executive officer, Hitachi Global Storage Technologies. "Together we can provide customers worldwide with the industry’s most compelling and diverse set of products and services, from innovative personal storage to solid state drives for the enterprise."

More information is available from here.

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