Original URL: http://www.theregister.co.uk/2010/08/31/hgst_ipo/

Hitachi GST IPO may be coming

Reuters saying - so it isn't spin

By Chris Mellor

Posted in Storage, 31st August 2010 17:53 GMT

Via Aaron Rakers of Stifel Nicolaus I'm hearing Hitachi GST may be being prepped for an IPO.

He cites a Reuters report which mentions an IPO is one alternative and others include an outright sale by Hitachi of all or part of its disk drive operation.

Likely buyers if a sale is consider have to be the existing HDD manufacturers, led by Seagate and Western Digital, who would see this as a means of amortising R&D dollars across a vastly greater number of drive units. ®