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Chinese Tech Company Seek to Take Over Seagate Technology
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Old 28th August 2007, 10:44   #1
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Default Chinese Tech Company Seek to Take Over Seagate Technology

The chief executive of Seagate Technology, the world’s largest maker of hard disk drives (HDDs), said in an interview that a “Chinese technology company” approached the maker of hard drives with a proposal to acquire the U.S.-based storage solutions maker. The disclosure not only emphasizes intentions of China-based manufacturers to take over high-tech companies, but also causes concerns among USA government officials.

http://www.xbitlabs.com/news/storage...827213220.html
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