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Notable Mergers and Acquisitions of the Day 04/28: WDC, AOL, FSLR

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    Last Updated: April 29th, 2010

    Notable Mergers and Acquisitions of the Day :

    • Western Digital Corporation (NYSE: WDC) announced today that it has agreed to purchase the magnetic media sputtering operations of Hoya Corporation and Hoya Magnetics Singapore Pte. Ltd. for 22 billion yen (approximately $235 million) in an all-cash transaction. The agreement includes a multi-year commitment for glass substrate supply related to these operations from Hoya, solidifying WD’s access to a key component for its 2.5-inch hard drive business and further enhancing the ongoing partnership between the companies. The acquisition will augment WD’s existing magnetic media operations, strengthening its ability to meet anticipated growth

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