This post is not related to the latest technology and gadgets, or blogging and SEO. However, this is something some of you might be interested to know about what’s going on in the industry- particularly Western Digital Corp. I received a press release that WD had reported recently its revenue of $2.6 billion, hard drive shipments of 51.1 million units, and net income of $400 million, or $1.71 per share,…

Western Digital, one of the industry’s pioneers in providing data storage products, has announced recently that it has agreed to purchase the magnetic media operations of Hoya Corporation and Hoya Magnetics Singapore Pte. Ltd. The acquisition worth 22 Billion Yen or approximately $235M will augment WD’s existing magnetic media operations and will strengthen its ability to meet growth in demand for hard drives. According to John Coyne, president and chief…