Seagate Acquires WD for $16 Billion, New Company Named SeaWest

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This is a Press Release edited by StorageNewsletter.com on April 1, 2014 at 2:59 pm

Seagate Technology plc, a world leader in HDD drives and storage solutions, and Western Digital Corp. announced that they have entered into a definitive agreement whereby Seagate will acquire WD and its subsidiary HGST in a cash and stock transaction...

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