Not that long time ago The Wall Street Journal informed unofficially that Samsung plans to leave from hard disk market, and now that information has been confirmed. All Samsung's department that deals with those devices, will be bought by Seagate.
Seagate will need to pay 1,37 billion dollars to Samsung. Half of it will be Seagate's stocks. That means Samsung hard drives will soon disappear from market. All taken over factories will be controlled by Seagate, which will produce those devices for notebooks, personal computers etc.
Additionally both parties are expanding deals. Samsung will be providing Seagate NAND flash chips.
Source:
http://seagate.transactionannouncement.com
Seagate will need to pay 1,37 billion dollars to Samsung. Half of it will be Seagate's stocks. That means Samsung hard drives will soon disappear from market. All taken over factories will be controlled by Seagate, which will produce those devices for notebooks, personal computers etc.
Additionally both parties are expanding deals. Samsung will be providing Seagate NAND flash chips.
Source:
http://seagate.transactionannouncement.com
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