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Fujitsu and Toshiba Agree on HDD Business Transfer

February 17, 2009

Fujitsu Limited and Toshiba Corporation today announced that they have signed a memorandum of understanding (MOU) on the transfer of Fujitsu's hard disk drive (HDD) business to Toshiba. The companies plan to conclude a transfer contract at an early date, and aim to complete the transaction in the first quarter of fiscal 2009.

To view press release in full, please visit Fujitsu corporate HQ site.

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Fujitsu Limited

Company:Fujitsu Limited

Date: 17 February, 2009