deal between WD and Hitachi was denied

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POSTER: computer news   ||   DEAL BETWEEN WD AND HITACHI WAS DENIED	DATE:2011-08-30
Western Digital Corp. later this year intends to absorb Hitachi GlobalStorage Technologies company, which also manufactures hard disk drives.  Previously, the business owned by IBM, but later came under the wing of a Japanese corporation.  According to experts, the share of combined company (WD + Hitachi) will represent about 50% of the market . According to Bloomberg , the deal between WD and Hitachi has met opposition from European antitrust authorities.  Although the claims are not disclosed, the European authorities allege that the transaction might adversely affect the competitive situation in this market segment. The approval of transaction between Samsung  and Seagate did not expect any complications since it is  he first in chronological order, the applicant has a priority.  In addition, the share of combined company (Seagate + Samsung) will account for only 40% of the market, which is somewhat less than WD + Hitachi.  Third player in the segment of hard disk drives, controls about 10% of the market, should be Toshiba, which in 2009 acquired Fujitsu business. Related Products :

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