Investment firm Elliott has asked Western Digital to divest its SSD division. While WD had partitioned the HDD and Flash partitions internally as early as September 2020, Elliott believes both will be strengthened if the SSD business continues through a separate company.
It owns 6% (about $1 billion) of investment firm WD and considers itself one of the largest investors. In a 13-page letter to the board, Elliott claims that if this recommendation is followed, the producer’s share could double (from $50 to $100) over the next year. The finance company is so confident in potential growth that it wants to invest another $1 billion in this new venture.
The SN550 1TB is currently the most popular WD SSD in product comparison.
We’ll see how Western Digital responds to the offer. Besides starting a new company, merging with partner Kioxia is also an option. The combination of these companies will represent 33% of the global market and will be 1 percentage point less than Samsung.
Sources: Elliott, ComputerBase
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Western Digital Blue SN550 1TB (WDSxxx2B0C)
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€94,99
7 stores |
Source: Hardware Info
