Western Digital to Break up, Separating Hard-Drive Business From Flash-Memory Unit

📆 30/10/2023 9:07 PM
📰 WSJ

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Western Digital plans to break itself up, separating its business making traditional hard drives for computers from its flash-memory business.

The move will effectively unwind Western Digital’s $19 billion acquisition of SanDisk in 2016, which combined Western Digital’s then-slowing disk drive business with SanDisk’s chip-based flash storage technology.

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chevron's $53B Hess purchase; Western Digital's doomed merger: 5 big deal reportsChevron's $53B Hess purchase; Western Digital's doomed merger: 5 big deal reports
Source: Investingcom - 🏆 450. / 53 Read more »

GM, Disney, Alphabet, Western Digital, SoFi, Apple, and More Stock Market MoversThe United Auto Workers union announces a strike at another General Motors plant, Nelson Peltz's push for board seats at Disney gets a boost, and results...
Source: MarketWatch - 🏆 3. / 97 Read more »

Western Digital to separate into two companiesWestern Digital to separate into two companies
Source: Investingcom - 🏆 450. / 53 Read more »