Western Digital buy sTec to continue growing in the market of SSD hard drives

The American producer of hard disks Western Digital has reached an agreement to buy its rival Stec for 340 million dollars, in a deal that will allow you to increase your market share.

sTec is a veteran California specializing in Flash drives (SSD) who was born in 1990, and in recent years is mired in a crisis because of the advance of companies like the own Western Digital, Seagate or Fusion-io, the current market leader.

In addition, sTec last year suffered a scandal when it was discovered that its co-founder and CEO Manouch'k Moshayedi, who founded the company along with his brother Mike, he had used inside information to profit in the stock market.

For Western Digital purchase lets you focus in disks SSD, a business with a future and growth, in contrast to traditional hard drives.

The offer made from Western Digital amounts to the 6.85 dollars per share, which is equivalent to 91% of the closing share price last Friday.

Finally, should be noted that it is expected that the operation will occur during the third or fourth quarter of this year 2013.

The ' economica´ of the iPhone version will continue to have a high price

While it was rumored that Apple bet on an iPhone that clunker dramatically its price on the current models, in Taiwan they explained will not exactly so.

T.H. Tung, CEO of the Taiwanese manufacturer Pegatron, has revealed to el cheap iPhone coming soon will not be as cheap as it comes speculating.

To Tung that is because it is not good to take the connotation of cheap since it would ruin the reputation and sales of the models of the iPhone, report on TechEye.

It's a phone that is expected to come with covers of multiple colors, and that it will have numerous functions of mobile high-end with a price of between 350 and 400 dollars, a quantity that is a disappointment to users who hoped that it would be much more affordable.

Experts remind us that while expected a more competitive price, Apple has opted not too lower price to avoid losing image, already placing it at a disadvantage compared to alternatives such as the 4, Nexus which are more economical.