Press Release: Mergers: Commission clears Western Digital’s acquisition of Hitachi’s hard disk drive business subject to conditions

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Series Details IP/11/1395 (23.11.11)
Publication Date 23/11/2011
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The European Commission has approved under the EU Merger Regulation the proposed acquisition of Hitachi Global Storage Technology (HGST), a subsidiary of Hitachi of Singapore recently renamed Viviti Technologies, by rival Western Digital of the US.

The approval is conditional upon the divestment of essential production assets for 3.5-inch hard disk drives (HDD), including a production plant, and accompanying measures. Western Digital cannot complete the acquisition of Viviti until it has found a suitable purchaser that is approved by the Commission.

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