Hynix may merge with Seagate

[john3850]

Hynix is expected to set up a joint company with U.S.-based data storage company Seagate.
Seagate gets 49% and Hynix gets 51%.

 

[Elixer]

Title is misleading.
The two companies will NOT merge together, they with form a joint venture dedicated to developing SSDs for enterprise servers and data centers.

 

[FFFF]

Title is misleading.
The two companies will NOT merge together, they with form a joint venture dedicated to developing SSDs for enterprise servers and data centers.

So it's sort of a Intel-Micron agreement then?

 

[john3850]

Hynix is expected to set up a joint company with U.S.-based data storage company Seagate.
Seagate gets 49% and Hynix gets 51%.

Thanks Elixer