Western Digital Buys Fast-Growing Virident For $685 Million

On September 9, Western Digital subsidiary, HGST — formerly known as Hitachi Global Storage Technologies — acquired flash storage hardware and software supplier, Virident, for $685 million in cash. Virident’s CEO, Mike Gustafson, is now Senior Vice President of HGST and in a September 12 interview conveyed his excitement about continuing to lead its “very high growth trajectory.”

Leave a Reply

Your email address will not be published.