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theregister.co.uk - 1/5/2009

Fujitsu tells WD the deal's off • The Register

— theregister.co.uk — Fujitsu did not give Western Digital a Christmas present - in fact it said 'No deal'. The two companies have been talking about Fujitsu selling its loss-making hard disk drive business to Western Digital. Fujitsu's president Kuniaki Nozoe said there ... (more) Fujitsu tells WD the deal's off • The Register

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uk.reuters.com - 12/29/2008

UPDATE 1-Fujitsu says no deal with Western Digital-Nikkei

— uk.reuters.com — (Adds Western Digital comment, stock price) SAN FRANCISCO, Dec 26 (Reuters) - There is no chance that Japan's Fujitsu Ltd ( 6702.T ) will sell its hard disk drive business to Western Digital Corp ( WDC.N ), the Nikkei financial daily quoted Fujitsu ... (more) UPDATE 1-Fujitsu says no deal with Western ...

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Fujitsu: No Chances to Merge Hard Drive Businesses with Western Digital
APH Networks — ... billion, which is considerably higher. However, it is claimed that WD turned down the offering to acquire the hard drive unit even for ¥50 billion (about US$554 million). Recently Western Digital said that that as a result of softer demand for its products it would have to take a series of actions in order to reduce its operating costs. Among those actions, WD will have to cut down production of hard drives as well as headcount and also lower capital spending. View: Article @ Source Site ...

Fujitsu: No sale of HDD division to WD
DV Hardware — Fujitsu's president stated in an interview that there's zero chance that the company's hard disk drive business would be sold to Western Digital. Although the unit is believed to be losing money, WD is unlikely to offer proper price due to strong Japanese Yen. “I won’t deny that we have had talks with Western Digital. But at the moment, there is zero chance of a deal,” said Fujitsu ...