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Europe Daily Bulletin No. 9900

13 May 2009
Contents Publication in full By article 18 / 35
GENERAL NEWS / (eu) eu/competition
Approval of Toshiba's buyout of some of Fujitsu's business

Brussels, 12/05/2009 (Agence Europe) - The European Commission has approved the acquisition of the hard disk drive business of Fujitsu Limited (part of Fujitsu HDD Business) by Toshiba Corporation. Although the transaction would render the combined entity number one producer of Mobile hard disk drive (HDD) products, in particular of 2.5" Mobile HDDs in term of market share, the Commission's market investigation revealed that the HDD market was competitive and that the transaction would...

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