Feeds

EC blesses Samsung – Tosh storage union

Getaway vehicle

  • alert
  • submit to reddit

Boost IT visibility and business value

The European Commission has waved through the merger of the optical disk drive operations of Toshiba and Samsung.

It ruled yesterday that the proposed joint venture
will not affect customer choice as it does not "significantly alter the competitive landscape which is characterised by a number of competitors both big and small".

In all markets, The Samsung-Tosh combine faces strong competitors, including Japanese/ South-Korean Hitachi LG joint venture, Taiwan's Lite-On, Japanese companies Panasonic and TEAC and a number of smaller competitors.

Toshiba and Samsung are pooling their optical disk drive businesses to create a better getaway vehicle for them to flee the market, without losing too much face or money. Into the pot goes the development, design and marketing of CD drives and DVD drives, mostly made for PCs. Production is to be outsourced. ®

Boost IT visibility and business value

More from The Register

next story
Pay to play: The hidden cost of software defined everything
Enter credit card details if you want that system you bought to actually be useful
HP busts out new ProLiant Gen9 servers
Think those are cool? Wait till you get a load of our racks
Shoot-em-up: Sony Online Entertainment hit by 'large scale DDoS attack'
Games disrupted as firm struggles to control network
Community chest: Storage firms need to pay open-source debts
Samba implementation? Time to get some devs on the job
Like condoms, data now comes in big and HUGE sizes
Linux Foundation lights a fire under storage devs with new conference
Silicon Valley jolted by magnitude 6.1 quake – its biggest in 25 years
Did the earth move for you at VMworld – oh, OK. It just did. A lot
prev story

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.