Toshiba’s $328 million acquisition of hard drive maker Fujitsu is bearing some early fruit. The deal, made earlier this year, was an effort by Toshiba to increase it’s presence in the enterprise storage market. Toshiba acquired all of Fujitsu’s hard drive related business including design, development, manufacturing, and sales.
The result: Toshiba saw it’s global hard drive market share jump to 13.2%. Toshiba’s share of the 2.5-inch drive market rose 6.5 points, from 16.1% to 24.6%, while it’s share in the sub-2.5-inch market grew even more, 8.3 points, from 18.3% to 26.5%.
Toshiba’s future plans involve the development of solid-state drives that combine Toshiba’s NAND flash memory technology with Fujitsu’s enterprise hard drive technology.
Image Credit: Toshiba