Seagate buys Samsung HD unit ... and then there were three

Summary:Seagate Technology has announced that it is to acquire Samsung's loss-making hard drive business for $1.4 billion.

Seagate Technology has announced that it is to acquire Samsung's loss-making hard drive business for $1.4 billion.

Sales are in decline and the sector is facing stiff competition from flash drives and solid-state hard drives (SSDs), so we've seen a few shake-ups lately. A month ago Western Digital announced that it was to acquire Hitachi's hard drive unit for $4.3 billion. this latest takeover leaves three players in the storage - Seagate, Western Digital and Toshiba.

This merger gives Seagate around 40% of the storage market, with Western Digital picking up about 50% and leaving Toshiba with around 10%.

Given the numbers, Toshiba is ripe for the picking ...

So, how do you feel about your choice of storage providers collapsing down to three?

Topics: Samsung

About

Adrian Kingsley-Hughes is an internationally published technology author who has devoted over a decade to helping users get the most from technology -- whether that be by learning to program, building a PC from a pile of parts, or helping them get the most from their new MP3 player or digital camera.Adrian has authored/co-authored technic... Full Bio

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