ELECTRONICS : COMMISSION CLEARS ALL-AMERICAN HARD-DISK DRIVES MERGER.(Seagate Technology L.L.C.)(Maxtor Corp.)(Brief article)

Tech Europe, May, 2006

The European Commission announced on 27 April that it has cleared the proposed merger of two US manufacturers of hard-disk drives, Seagate and Maxtor. Seagate designs, manufactures and globally markets hard-disk drives for a range of uses. It also produces thin-film recording media and read/write heads that are used in its hard-disk drives. Maxtor is a global supplier of hard-disk drives for a range of uses, including desktop computers, servers and consumer electronics applications and is also active in the production of recording media for its own hard-disk drives. Seagate's and Maxtor's activities overlap in Europe as well as worldwide in particular in the production of hard-disk drives for enterprise applications and for desktops.

In endorsing the proposed...

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