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Toshiba Corp. and Western Digital Corp. have announced that they have entered into a definitive agreement to transfer Toshiba's 2.5" hard disk drive production facilities in Thailand to Western Digital in exchange to some of WD's 3.5" hard drive manufacturing assets in the country.
Acquisition of TSDT will boost Western Digital's positions on the market of 2.5" hard disk drives and will also allow it to comply to a European Commission requirement to get rid of certain part of its 3.5" HDD manufacturing capacities before acquiring Hitachi Global Storage Technologies (HGST). WD plans to integrate TSDT facilities and employees into its Thailand operations.
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