… and Seagate snarfs up Samsung’s drive business …

Looks like Seagate got itself some spinpoints. Seagate may be leveraging this to build its way into the Chinese market more than it is.

Now there are 3 big spinning rust makers: Seagate, Western Digital, and Toshiba. A Seagate-Toshiba hookup wouldn’t surprise me, though the regulators are likely to start eyeing this stuff more closely for anti-monopoly reasons.

I’ve said more M&A and I mean’t more M&A. And the deals ain’t done yet.

Moreover, I do expect turnover and refresh … some creative destruction … to continue apace in this space.

The market will be unkind to unsound business models. Moreso than ever.

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