Seagate Purchased Western Digital? It's just a Hoax!



Jakarta - Action trapping in celebration of April Fool's Day is not over. This time the word got out that the two biggest companies in the world disk melt into one.

Yes, a lot of rumors that Seagate has agreed to acquire Western Digital worth $ 16 billion. Both companies will be united under the name SeaWest LLC.

The transaction has been approved by the boards of directors of each company, and all of the buying process is expected to be completed in the first quarter of 2015. But it still depends on closing and regulatory conditions.

To be more convincing, claimed the news comes from a press statement released from the two sides. But if examined course there is something wrong.

As quoted from the Storage Newsletter, Tuesday (03/04/2014), we can be sure the news is only part of an April Fool's joke. Therefore, the value far exceeds the wealth of Western Digital Seagate.

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