IBM selling their HD division

[bhess]

Hitachi and IBM intend to pool their respective hard disk businesses in a joint venture, which is expected to 70 per cent controlled by Hitachi. The Japanese manufacturer will make an unspecified cash payment to IBM for its HDD assets.

IBM's HDD business is making a loss and the logic behind the deal, details of which are still been negotiated, is to combine the two firm's respective operations, staff and intellectual property to create a more efficient operation. The joint venture will be based in San Jose, California.

More here

http://www.theregister.co.uk/content/53/24896.html

edit: You guys can put this on the frontpage if you want.

[jadison]

Putting it on the homepage now. Thanks. :)

Just so you know, you're technically not given any credit for the news submission since you didn't submit this on the homepage. I merely linked your name on the article to show that u wrote it, but your not given credit.

I encourage you to submit on the homepage, it takes the same amount of time to do it there, as it does to do it here in the forums. :)

[NDC]

Well, seeing the problems people have with IBM IDE drives, I'm not surprised. They seem to have a very bad reputation when it comes to IDE HDD's...

[bhess]

Thanks jadison. Two reasons why I didn't submit it. I didn't know if I could put it there and here. I know the forums get more traffic and it seemed important news. But the main reason is I was on the way out the door to work when I found it. So I quickly posted it here then TIMO.
I just got home now. :)
As for credit, I don't need any credit. That's what this forum is all about. Sharing. :)