As part of an alignment between Seagate and Samsung, Seagate will take over Samsung’s storage department. Looks like an answer to western digital acquiring hitachi storage, which took place a couple of months ago.

This means there are three companies left manufacturing mechanical hdd. These are Western Digital, Seagate and Toshiba. While Seagate and Western Digital have a large share of the market, Toshiba has small and is not considered a “threat” to both Seagate and Western Digital.

While there were many companies in the hdd industry, over the years they have either been merged or acquired by another company. Western digital owns IBM storage and Hitachi storage while Seagate has Quantum, Maxtor and Samsung storage.

Anyone seen “Demolition man” with Sylvester Stallone? Remember the part where all restaurants were taken over by pizza hut ?

After serving three years, eight months, and 27 days in prison, Robert Soloway aka “spam king” has been released. Soloway had troubles with the law from back in 2005 when  Microsoft won a $7.8 million civil judgment against Soloway, for spam sent through MSN and Hotmail services. In May 30, 2007 he was arrested for 35 charges including mail fraud, wire fraud, e-mail fraud, identity theft and money laundering. On March 14, 2008, Robert Read more »

Under the terms of the agreement, WD will acquire Hitachi GST for $3.5 billion in cash and 25 million WD common shares valued at $750 million, based on a WD closing stock price of $30.01 as of March 4, 2011. Hitachi, Ltd. will own approximately ten percent of Western Digital shares outstanding after issuance of the shares and two representatives of Hitachi will be added to the WD board of directors at closing. The transaction has been approved by the Read more »