If new reports from the Wall Street Journal have any shred of truth, the global hard drive scene is about to see another acquisition. This time, it is Samsung who is reportedly up for sale with fellow hard drive manufacturer, Seagate, said to be eying the purchase.
According to the WSJ’s source, Samsung is losing money on their hard drive ventures and is considering deals at ~$1.5 billion (USD), although is open to offerings lower than ~$1 billion (USD).
We’re slightly surprised seeing as how Samsung-made hard drives and SSDs are some of the best in the market for reliability and performance. How will those figures change when the technology is acquired? We’ll have to wait and see…
Via: Bit-Tech
