Western Digital (WDC) has offered concessions to the EU with the goal of obtaining approval for...

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

Western Digital (WDC) has offered concessions to the EU with the goal of obtaining approval for its $4.3B acquisition of Hitachi's hard drive business. The EU is worried about the potential of the deal, along with Seagate's (STX) proposed acquisition of Samsung's hard drive unit, to consolidate market power in the hands of two industry giants.