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Western Digital: China MOFCOM''s Decision Enables Integration Of HGST, WD Units

(RTTNews.com) - U.S. hard-drive maker Western Digital Corp. (

) announced Monday a decision from China'sMinistry of Commerce or MOFCOM, which enables the company to integrate substantial portions of its HGST and WD subsidiaries under Western Digital.

The company noted that the agency's decision is the result of an ongoing dialogue regarding the "hold separate" restriction associated with Western Digital's acquisition of HGST in March 2012. Integration activities will begin immediately and are expected to continue over the next 24 months.

As part of the...


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