Steve Shattuck News
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Western Digital Corp., the maker of hard drives and home-entertainment devices, reached its highest in more than 15 years on speculation the company may go private following the potential buyout of Dell Inc.
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Cisco Systems Inc., the largest maker of equipment for computer networks, has hired Barclays Plc to find a buyer for Linksys, which makes routers for home wireless access, said people with knowledge of the situation.
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Dell Inc., the world’s second- largest personal-computer maker, and two suppliers were told to pay $5.4 million to closely held Convolve Inc. after a jury found they infringed a patent related to hard-disk drives.
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Seagate Technology Plc , the disk- drive maker that ended takeover talks with TPG Capital, also turned down a proposal from competitor Western Digital Corp., according to two people with knowledge of the matter.
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Western Digital Corp. said its plans to acquire a hard-disk drive unit from Hitachi Ltd. for about $4.3 billion are unchanged by the March 11 earthquake, tsunami and aftermath in Japan.
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OCZ Technology Group Inc. has never been cheaper for an acquirer looking to profit from the shift to flash memory in personal computers and video games.
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Western Digital Corp. won European Union approval for its purchase of Hitachi Ltd.’s Viviti storage business after it agreed to sell off some disk drive production to eliminate antitrust concerns.
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Western Digital Corp. won European Union approval for its purchase of Hitachi Ltd.’s Viviti storage business after it agreed to sell off some disk drive production to eliminate antitrust concerns.
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Mark Anthony Longoria, a former employee of Advanced Micro Devices Inc. charged in a U.S. probe of insider trading by fund managers and expert networking consultants, pleaded guilty to a four-year fraud scheme.
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