Tuesday, April 19, 2011

Samsung sells HDD division to Seagate for $1.375 billion

Samsung sells HDD division to Seagate for $1.375 billion: "

We're firmly of the belief that SSDs are our future and Samsung would seem to agree. The Korean electronics giant has just now announced that it's selling its hard disk drive-manufacturing division to Segate Technology for a handy $1.375 billion in equal measures of cash and stocks.



[Thanks, Pavel]

Continue reading Samsung sells HDD division to Seagate for $1.375 billion

Samsung sells HDD division to Seagate for $1.375 billion originally appeared on Engadget on Tue, 19 Apr 2011 05:04:00 EDT. Please see our terms for use of feeds.

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