With the acquisition of Fujitsu's hard disk drive (HDD) business, Toshiba would position itself to become a leading contender in the enterprise-class solid-state disk (SSD) drive market, as well as initially leap to the head of the pack in the 2.5-in. HDD space, according to industry observers.
Toshiba and Fujitsu said today they signed a provisional agreement under which Toshiba will acquire 80% of Fujitsu's hard disk drive business. The deal is expected to close during the April through June quarter.
Fujitsu said it would hold on to 20% of its hard drive business for an undetermined period of time to smooth the transition of the business to Toshiba, which will make it a subsidiary.
Fujitsu is a leader in the enterprise-class 2.5-in. HDD market, as well as in mobile devices.
The fast growing 2.5-in. hard drive marketplace includes Hitachi, Seagate, Western Digital, Fujitsu, Toshiba and Samsung. Fujitsu ranks third in number of units shipped, ahead of Seagate, said Tom Coughlin, an analyst at Coughlin Associates Ltd.
Last year, Fujitsu shipped 38.6 million 2.5-in. HDDs. Only Hitachi, with 50.4 million, and Western Digital, with 50.3 million, lead the market. Toshiba followed Fujitsu with 34.5 million, and Seagate trailed with 29.8 million units shipped.
Source: computerworld.com
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