(Reuters) - SAN FRANCISCO, June 28 - Western Digital Corp.
has agreed to buy component maker Komag Inc. ,
in the latest move to consolidate the disk drive industry, for
about $1 billion in cash, the companies said on Thursday.
The proposed merger comes amid a sharp fall in prices in
the highly commoditized computer disk-drive industry, once one
of the bedrock manufacturing sectors in Silicon Valley.
Read more at Reuters.com Mergers News
has agreed to buy component maker Komag Inc. ,
in the latest move to consolidate the disk drive industry, for
about $1 billion in cash, the companies said on Thursday.
The proposed merger comes amid a sharp fall in prices in
the highly commoditized computer disk-drive industry, once one
of the bedrock manufacturing sectors in Silicon Valley.
Read more at Reuters.com Mergers News
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