Upthere
2017
Why
Cloud storage startup acquired for consumer storage software.
Western Digital Corporation
Acquisitions
5
Major Deals Covered
$20.3B
Disclosed Deal Value
Western Digital's largest disclosed acquisition here is SanDisk for $16B in 2016. This page covers 5 major deals from 2007 to 2017, each with its price where disclosed and the reason behind it.
| Company | Year | Price | Purpose |
|---|---|---|---|
| Komag | 2007 | Undisclosed | Brought magnetic media production in-house. |
| Hitachi Global Storage Technologies (HGST) | 2012 | $4.3B | Added Hitachi's enterprise and high-capacity drive business. The deal was valued at about $4.3 billion in cash and stock when announced in 2011. |
| SanDisk | 2016 | $16.0B | Added NAND flash and SSDs. The business was later spun off as Sandisk Corporation in February 2025. |
| Upthere | 2017 | Undisclosed | Cloud storage startup acquired for consumer storage software. |
| Tegile Systems | 2017 | Undisclosed | Flash storage array maker acquired for its data-center systems business. |
2017
Cloud storage startup acquired for consumer storage software.
2017
Flash storage array maker acquired for its data-center systems business.
2016
$16.0B
Added NAND flash and SSDs. The business was later spun off as Sandisk Corporation in February 2025.
2012
$4.3B
Added Hitachi's enterprise and high-capacity drive business. The deal was valued at about $4.3 billion in cash and stock when announced in 2011.
2007
Brought magnetic media production in-house.
The company is concentrating on higher-capacity drives for cloud customers, long-term supply agreements, margin expansion, and capital returns through dividends and share repurchases. It has also used its retained Sandisk shares to reduce debt and retire its own stock.
Western Digital makes money by designing, manufacturing, and selling hard disk drives. Most revenue now comes from high-capacity nearline drives bought by hyperscale cloud providers and large enterprises to store large volumes of data at a low cost per terabyte. Smaller shares come from client drives and consumer storage products. Revenue depends on exabytes shipped and on pricing, which the company has tied more closely to long-term customer agreements. Until February 21, 2025, the company also owned a NAND flash business; that unit was spun off as Sandisk Corporation, and its results are reported as discontinued operations for earlier periods.
The March 2012 acquisition of Hitachi Global Storage Technologies (HGST) for $4.3 billion in cash and stock fundamentally transformed Western Digital into the dominant enterprise drive manufacturer.
HGST developed the world's first hermetically sealed, helium-filled hard drives (HelioSeal), allowing thinner platters and lower aerodynamic drag, which became standard for all modern nearline drives.
In May 2016, Western Digital acquired flash storage giant SanDisk for approximately $16 billion, combining hard drive manufacturing with flash memory and SSD production.
Due to distinct capital structures and conflicting investor demand between cyclical flash fabs and cash-generative HDDs, Western Digital separated SanDisk as an independent public company in February 2025.
In September 2007, Western Digital acquired Komag for $1.0 billion, securing in-house manufacturing of thin-film magnetic disk media (platters) and ensuring supply chain self-sufficiency.
Western Digital purchased the hard drive assets of Tandon Corporation for roughly $49 million in 1988, taking Western Digital from a chip controller supplier to a full hard drive manufacturer.
In 2017, Western Digital acquired cloud personal storage startup Upthere and all-flash storage array company Tegile Systems to bolster its enterprise systems and software portfolio.
China's MOFCOM required Western Digital and HGST to maintain separate operations and sales forces for over three years before finally granting full operational integration approval in late 2015.
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