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Seagate and Toshiba Bid for TDK Magnetic Head Business in Multibillion Dollar Deal

marketbrief.now

Seagate and Toshiba are bidding for TDK's magnetic-head division in a deal potentially worth several billion dollars. The acquisition targets hardware needed for high-capacity hard-disk drives to meet AI data center storage demand.

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Key sources

  1. SOURCE@business“Seagate and Toshiba are locked in a contest for TDK’s magnetic-heads business for hard-disk drives in a deal that could be worth several billion dollars”x.com
  2. SOURCEhuggingnewshuggingnews.com
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