EC approves Seagate acquisition of Samsung drive business
The European Commission has approve Seagate Technology ’s acquistion of the hard disk private road ( HDD ) business of Samsung Electronics , after conclude that there will still be enough players in the market after the leverage . Seagate said in April that it was evolve the HDD patronage of Samsung Electronics for $ 1.4 billion in stock and hard currency , a calendar month after challenger Western Digital say it would buy Hitachi Global Storage Technologies , the hard drive unit of Hitachi , for $ 4....