EU Opens Antitrust Probes of Hardware Makers

EU regulators opened in-depth probes into two takeover bids in the computer hardware sector involving two Asian companies and two U.S. peers, saying it was concerned the deals would reduce the number of rivals. U.S.-based Seagate Technology has said it wants to buy Samsung Electronics Co's loss-making hard disk drive unit for $1.4 billion -- a deal that will give Seagate access to Samsung's NAND-type flash chips for its solid-state drive products. Western Digital plans to purchase Hitachi Ltd's hard disk drive business for $4.3 billion to give it an edge in developing next-generation storage technology.