Western digital and Fujitsu sales

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POSTER: computer news   ||   WESTERN DIGITAL AND FUJITSU SALES	DATE:2008-12-30
In the beginning of October, we  reported that Fujitsu company search for a buyer for its hard disks business  . As the probable buyer was mentioned the western digital company, and the probable transaction composed $660-994 ml. According to Reuters agencies  , Fujitsu could not agree about the transaction, which had to be completed before the end of year.  Fujitsu President recognized the negotiating fact, but he noted that now the chances to sale to the company to western digital were equal to zero.  Western digital Representatives refused to comment this information , after naming it as rumors. The sharp strengthening of Japanese Yen caused also some issues with this transaction. If originally Fujitsu expected to obtain not less than 70 billion Yen ($660 ml. In the beginning of October), then now it could obtain only 50 billion Yen, which corresponds to $550 ml. As you see, if dollar price fell by 17%, then the sum of transaction in Yen was reduced by 29%. Related Products :

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