Hitachi GST Sold To Western Digital For $4.3 Billion

The storage arm of Hitachi, Hitachi Global Storage Technologies, has been bought by Western Digital for a combination of cash and shares totaling $4.3 billion. It was just last year that WD surpassed Seagate in terms of hard drives shipped, but both companies are facing a challenge as consumer and local storage trends more towards high-speed flash, leaving spinning drives in their dust.

Brittny Gastineau Ashley Tisdale Rachel Blanchard Sienna Guillory Tricia Vessey