Western Digital (WD) is one of the worlds leading manufacturer of magnetic hard drives. WD is the maker of hard drives that are known to withstand enormous strain suitable for mission critical, data storage projects. Last May 4, 2010, WD publicized their willingness to acquire the magnetic media operation of Hoya Corporation and Hoya Magnetics Singapore Pte. Ltd. WD agreed to pay 22 billion yen (about $235 million) for facilities, equipment, intellectual property, working capital, and R&D of Hoya's media sputtering operations, based in Tuas, Singapore.
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