Funny how times change..

Once considered top dog of the IDE harddrive makers list, IBM, have made a mistake or two in the past year and have suffered for it but I dont think people thought it was this bad..

"Under the terms of the deal, ownership of the HDD unit will be transferred to a new company, which will be 70% owned by Hitachi. The Tokyo-based firm will gradually take control over more of this subsidiary, making a series of fixed payments to IBM, until it becomes wholly owned three years from now."

Ouch

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