Western Digital buys up Read-Rite assets
Shorty
Manchester, UK Icrontian
Hard drive maker Western Digital has acquired "substantially all" of the assets of bankrupt hard drive one-time market leading magnetic read-write head developer Read-Rite, the company said today.
Interesting...
WD's interest is in Read-Rite's R&D and ability to manufacture products derived from it. Specifically, the company said that "the planned acquisition is aimed at improving its access to recording head technologies over the long term and increasing its operational flexibility".
Some very different technology could be developed if WD can make R-R technologies work
Source : The Register
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