Toshiba takes over Fujitsu's HDD business

The deal that will see Toshiba take control of Fujitsu’s HDD business has been in the pipeline since the beginning of the year. This week it finally went through.

Deal gets the go-ahead

Toshiba has taken over the hard disk drive (HDD) business of Fujitsu, it was announced this week.

The agreement will see Fujitsu's HDD business become the Toshiba Storage Device Corporation (TSDC) with Fujitsu initially holding a stake of just under 20 per cent. Once everything is running smoothly, the company will transfer its stake to Toshiba and the business will become a wholly-owned subsidiary.

The deal between the two firms was first touted back in February of this year but the transfer of the business was not completed until yesterday.

A statement from Toshiba on the future of the business, said: "Toshiba will reinforce its already strong market position as a leading vendor of small form factor HDDs, expand its enterprise HDD business and technology, and develop SSD products for servers and enterprise storage systems by integrating its NAND flash memory technology with Fujitsu's enterprise HDD technology."

It added: "Toshiba's ultimate objective is to be an industry leader offering total storage solutions and services that meet a broad range of customer needs."

Last month, Toshiba made a real push in the HDD market with announcements of several new products, such as a 2.5in for high end laptops and a 1.8in 160GB single platter.

Visit IT PRO's sister title Channel Pro for news, in-depth analysis and industry comment aimed at distributors, resellers and anyone else working in the IT channel.

Featured Resources

Digital document processes in 2020: A spotlight on Western Europe

The shift from best practice to business necessity

Download now

Four security considerations for cloud migration

The good, the bad, and the ugly of cloud computing

Download now

VR leads the way in manufacturing

How VR is digitally transforming our world

Download now

Deeper than digital

Top-performing modern enterprises show why more perfect software is fundamental to success

Download now

Recommended

Fujitsu Storage Eternus AF250 S3 review: Fast storage in a flash
flash storage

Fujitsu Storage Eternus AF250 S3 review: Fast storage in a flash

24 Sep 2020
Fujitsu fi-800R review: Snappy scanning
peripherals

Fujitsu fi-800R review: Snappy scanning

1 Jul 2020
Fujitsu announces AI monitor that tracks hand-washing
artificial intelligence (AI)

Fujitsu announces AI monitor that tracks hand-washing

22 Jun 2020
Thales strikes key cloud partnership to support Fujitsu services
cloud security

Thales strikes key cloud partnership to support Fujitsu services

12 Feb 2020

Most Popular

The top 12 password-cracking techniques used by hackers
Security

The top 12 password-cracking techniques used by hackers

5 Oct 2020
The enemy of security is complexity
Sponsored

The enemy of security is complexity

9 Oct 2020
What is a 502 bad gateway and how do you fix it?
web hosting

What is a 502 bad gateway and how do you fix it?

5 Oct 2020