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Hitachi GST Completes Acquisition of Substrate Manufacturing Facility
Thur 02 July, 2009
SAN JOSE, Calif. – July 2, 2009 – Hitachi Global Storage Technologies (Hitachi GST) has completed the previously-announced
acquisition of a substrate manufacturing facility located in Sarawak, Malaysia.
The facility, previously owned and operated by Western Digital, produces aluminum
substrates used in hard disk drives.
“We are pleased to have completed the acquisition and expect the Sarawak
team to play an important role in the continued growth of Hitachi GST,” said
Steve Milligan, president, Hitachi Global Storage Technologies. “We also
extend our sincere appreciation to the Malaysian and local Sarawak governments
for their ongoing support of our efforts to develop a local manufacturing presence
and look forward to growing our employee base in Malaysia.”
Financial terms of the transaction were not disclosed.
About Hitachi Global Storage Technologies
Hitachi Global Storage Technologies (Hitachi GST) develops advanced hard disk
drives, enterprise-class solid state drives, and innovative external storage
solutions and services used to store, preserve and manage the world’s
most valued data. Founded by the pioneers of hard drives, Hitachi GST provides
high-value storage for a broad range of market segments, including Enterprise,
Desktop, Mobile Computing, Consumer Electronics and Personal Storage. Hitachi
GST was established in 2003 and is headquartered in San Jose, California. For
more information, please visit the company’s website at http://www.hitachigst.com.
About Hitachi, Ltd.
Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is
a leading global electronics company with approximately 400,000 employees worldwide.
Fiscal 2008 (ended March 31, 2009) consolidated revenues totaled 10,000 billion
yen ($102.0 billion). The company offers a wide range of systems, products
and services in market sectors including information systems, electronic devices,
power and industrial systems, consumer products, materials, logistics and financial
services. For more information on Hitachi, please visit the company's website
at http://www.hitachi.com.
Hitachi trademarks are authorized for use in countries and jurisdictions in
which Hitachi has the right to market the brands. Hitachi is not liable for
third parties’ unauthorized use of Hitachi trademarks.
Contact:
Jim Pascoe
Hitachi Global Storage Technologies
408-717-7924
james.pascoe@hitachigst.com
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