Storage Weekly Notes: New Developments For Western Digital, SanDisk, Seagate In Focus
Western Digital Corporation has made headlines in the past few weeks, with China-based Tsinghua Holdings planning to invest $3.8 billion for a 15% equity stake in the hard drive manufacturer. Meanwhile, rival Seagate Technology completed the acquisition of Dot Hill Systems this week, after announcing the acquisition in mid-August. Flash-storage provider SanDisk Corporation entered into a definitive agreement with tech giant Hewlett-Packard to produce a new grade of memory chips, which could compete with products made by the Intel-Micron JV announced earlier this year.