Western Data and Armor Warrior‘s Billion Dollar Merger Case Restarts Negotiations
Frome：www.pulaya.com
Date：2021-03-31
Since the beginning of 2023, there has been heavyweight news in the storage industry. According to foreign media, well-known storage company Western Data has resumed merger and acquisition negotiations with Armor. The report states: “Although the potential transaction situation is still unclear, both parties are discussing the issue of merging into a listed company
As early as 2021, Western Data had planned to acquire Armor for $20 billion, but ultimately failed to make the move. It is worth noting that besides Seagate, there is also a company that is very interested in Armor, which is Meiguang.
Strong alliance?
Western Data is a globally renowned hard drive manufacturer located in the United States, with a wide range of products, including storage systems, platforms, and data center hard drives for data centers; Provide mobile flash cards for use in mobile terminals and computing environments, such as in vehicles, connected homes, industrial and IOTs, smartphones and tablets, and monitoring; And built-in hard drives for computing, enterprise, gaming, NAS, and monitoring.
It is worth noting that Western Data has completed multiple mergers and acquisitions in the capital market. In 2011, Western Data acquired Hitachi Global Storage Technology for $4.3 billion. On October 22, 2015, Western Data announced the acquisition of flash memory manufacturer SanDisk for a total price of $19 billion in cash and stock. In September 2017, Western Data acquired Toshiba“s semiconductor business for $18.3 billion.
As early as 2021, Western Data had planned to acquire Armor for $20 billion, but ultimately failed to make the move. It is worth noting that besides Seagate, there is also a company that is very interested in Armor, which is Meiguang.
Strong alliance?
Western Data is a globally renowned hard drive manufacturer located in the United States, with a wide range of products, including storage systems, platforms, and data center hard drives for data centers; Provide mobile flash cards for use in mobile terminals and computing environments, such as in vehicles, connected homes, industrial and IOTs, smartphones and tablets, and monitoring; And built-in hard drives for computing, enterprise, gaming, NAS, and monitoring.
It is worth noting that Western Data has completed multiple mergers and acquisitions in the capital market. In 2011, Western Data acquired Hitachi Global Storage Technology for $4.3 billion. On October 22, 2015, Western Data announced the acquisition of flash memory manufacturer SanDisk for a total price of $19 billion in cash and stock. In September 2017, Western Data acquired Toshiba“s semiconductor business for $18.3 billion.
