Hitachi Global Storage Technologies was founded in 2003 as a merger of the hard disk drive businesses of IBM and (WD) acquired Hitachi Global Storage Technologies for $3.9 billion in cash and 25 million shares of WD common stock valued at approximately $0.9 billion.
Hitachi Global Storage Technologies was founded in 2003 as a merger of the hard disk drive businesses of IBM. Hitachi Global Storage Technologies was acquired Hitachi Global Storage Technologies for $3.9 billion in cash. Hitachi Global Storage Technologies was acquired Hitachi Global Storage Technologies for 25 million shares of WD common stock. This WD common stock was valued at approximately $0.9 billion.