Tim Higgins
Western Digital is buying Hitachi‘s storage business.
WD will acquire Hitachi Global Storage Technologies (Hitachi GST) in a $4.3 B cash and stock deal.
The transaction has been approved by the board of directors of each company and is expected to close during the third calendar quarter of 2011.
Updated - Iomega has introduced a more powerful Intel-based twelve-bay rackmount NAS and added McAfee anti-virus protection to many of its business-class NASes.
NETGEAR today announced that it has agreed to purchase privately-held networked storage appliance maker Infrant Technologies.
Under the terms of the agreement, NETGEAR will pay $60 million in cash for Infrant. Infrant shareholders may receive a total additional payout of up to $20 million in cash over the three years following closure of the acquisition if specific revenue targets are reached.
The acquisition is subject to various standard closing conditions and is expected to close in the second quarter. Following completion of the transaction, Infrant's President and Chief Executive Officer Paul Tien will become NETGEAR's Vice President and General Manager for storage products.
Buffalo Technology today announced a new miniature dual-drive NAS with 1 TB capacity.
The LinkStation Mini (LS-WS1.0TGL/R1) measures only 1.57 x 3.22 x 5.31 inches and weighs slightly over a pound. It has a gigabit Ethernet port and dual 5,400RPM 2.5 inch notebook drives and supports both RAID 0 and 1, as well as Active Directory.
