Long time disk manufacturer Fujitsu have pulled out of the disk business, selling their design and manufacturing facilities to Toshiba.
Toshiba and Fujitsu have concluded a definitive agreement on the transfer of Fujitsu’s hard disk drive (HDD) business to Toshiba. Under the terms of the acquisition agreement, Toshiba will acquire Fujitsu’s HDD design, development, manufacturing, sales and other functions carried out by the company except its hard disk head production and media business. The Toshiba and Fujitsu facilities in the San Jose area will be consolidated into a single facility and operations are targeted to begin on July 1, 2009.
The combination of Toshiba Storage Device Division (SDD) and Fujitsu’s HDD business solidifies Toshiba’s commitment as a long-term, premier global data storage company by leveraging the strengths of the two companies’ synergistic cultures, product innovations and technologies, customer-centric product roadmaps and technical support. With the addition of Fujitsu’s HDD business, Toshiba will become a world-leading, one-of-kind comprehensive storage company: offering HDD, ODD and SSD to NAND flash memories.