Western Digital (WDC +4%) trades higher after announcing it recently bought Arkeia, a provider...

|About: Western Digital Corporation (WDC)|By:, SA News Editor

Western Digital (WDC +4%) trades higher after announcing it recently bought Arkeia, a provider of storage backup software and VMware backup appliances for SMBs. The purchase expands WDC's enterprise lineup - the company already offers NAS servers  for SMBs - and (as The Register observes) puts it in competition with Seagate's (STX +1.4%) EVault backup/recovery product line. It also helps WDC lower its PC dependence a bit at a time when doing so seems a good idea.