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Seagate Is Said to Battle Toshiba for TDK’s Hard-Drive Head Unit

Source: Bloomberg

M&A & RestructuringArtificial IntelligenceTechnology & InnovationTransportation & Logistics

Seagate Technology and Toshiba are competing to acquire TDK’s magnetic-heads business for hard-disk drives, seeking to keep pace with demand for AI data-center storage devices. The article provides no deal terms or expected financial impact.

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