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Submission + - Samsung to sell HDD unit to Seagate in $1.4B deal (computerworld.com.au)

angry tapir writes: "Samsung Electronics will sell its hard-disk drive operations to Seagate Technology in a US$1.375 billion deal. The deal stands to solidify Seagate's position as the world's second-largest maker of hard disk drives and comes less than a month after market leader Western Digital said it would buy Hitachi GST. If both deals go through, the hard disk drive market will have just three players by the end of the year, the other being Toshiba."
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Samsung to sell HDD unit to Seagate in $1.4B deal

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