Hard Drives: Samsung Belongs to Seagate

Following the European Commission's approval of the acquisition of Samsung's hard drive division by the giant Seagate in October, the news was officially announced recently. According to the Commission, this acquisition does not create competition problems.

Samsung's hard drive division is now 100% owned by Seagate. This includes technologies, factories, employees, etc.

According to Seagate, some products will still bear the Samsung name for some time, but in the long term this name will tend to disappear.

In the end, the hard drive market is becoming less and less competitive, with the two American giants (Seagate and Western Digital) and the Japanese Toshiba. In a few months, Samsung and Hitachi have thus disappeared.

Seagate is now the world's number 2 in the hard drive market, behind its compatriot Western Digital. The latter made a splash by announcing in early March 2011 the acquisition of Hitachi's storage division. This allows it to obtain nearly 50% of the hard drive market alone and thus become the world leader in the hard drive division.