The rumor we reported yesterday concerning Seagate acquiring an apparently money bleeding hard drive business from Samsung is in fact true. Today, both companies will officially announce the joint venture in which we’ll see Seagate taking over all hard disk technology and operations from Samsung. The deal will reportedly cost Seagate $1.375 billion — %50 cash and %50 stock — and also secure Seagate a more solid path in the SSD market moving forward as...
