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02-17-2009, 07:00 PM
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MacNN: Fujitsu sells off HDD business to Toshiba
via MacNN:
Fujitsu this morning said it has struck a deal to transfer its hard drive business to Toshiba. A memorandum between the two will see Fujitsu spin off its storage efforts into a separate company and let Toshiba buy an 80 percent stake in the project, with Fujitsu eventually letting go of the remaining 20 percent. The decision is largely prompted by Fujitsu's potential $112 million loss in the div... More...
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