History 2002: Hitachi Global Storage Technologies Name of New Company Uniting Hitachi’s HDD Activities

Hitachi Global Storage Technologies will be the name of the new company uniting Hitachi’s HDD activities, following the acquisition of IBM’s HDD division.

For the moment, no information has leaked out about the new roadmap being planned.

The Japanese firm seems to be keeping silent until they receive official approval from all countries involved in the transaction. Only Mexico has still to weigh in, after approval by Brazil, European Commission, Japan, Taiwan and finally USA and it Federal Trade Commission.

This article is an abstract of news published on issue 179 on December 2002 from the former paper version of Computer Data Storage Newsletter.

Note: Hitachi bought IBM HDD business for $2,08 billion in 2002.