WD hopes to close it's sales gap with Seagate by assimilating a rival.
|Fujitsu is in talks to sell its hard-disk drive business to Western Digital, according to a report in the Thursday morning edition of the Nikkei business daily.
The two companies are in the latter stage of negotiations over the deal and hope to reach agreement before the end of this year, the report said. The proposed deal would see Fujitsu sell its entire hard-disk drive unit, including plants in Japan, the Philippines and Thailand that employ around 15,000 people, for between ¥70 billion to ¥100 billion (US$661 million to US$944 million), the newspaper reported.
A combined Fujitsu and Western Digital would have had a 29.6 percent market share, still in second place behind leader Seagate, which enjoyed a 35 percent share, but further ahead of third-ranked Hitachi.