Reported by 3 outlets
The story so far
AI summary of the reporting below · Updated · How we work
Seagate and Toshiba have each held preliminary talks or are battling to acquire TDK's hard disk drive recording head and magnetic-head business. According to reported sources, the potential multibillion-dollar deal involves a crucial electronic component maker that supplies nearline drive makers. [1][2]
Seagate and Toshiba have each held preliminary talks to acquire TDK’s hard disk drive recording head business in a potential multibillion-dollar deal, Bloomberg reported this week. The report describes TDK as the only independent HDD head supplier, selling to all three nearline drive makers. Western Digital and Seagate build most of their heads in-house and
via StorageReview
According to sources familiar with the matter, Seagate and Toshiba are currently battling each other to acquire TDK's magnetic-head business. The Japanese company is one of the few independent manufacturers still making this crucial electronic component, but HDD giants are now looking to strengthen their supply chains as the entire...
via TechSpot
Seagate and Toshiba both looking forward to acquiring HDD heads business from TDK, the only remaining independent supplier of magnetic heads.
via Tom’s Hardware