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Construction needs cloud flexibility
Australia’s embattled construction sector could benefit from cloud based information systems that can be switched on and off in lockstep with individual projects – with the exception of those organisations based in remote areas like the Kimberleys.
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ACCC approves of Seagate-Samsung HDD acquisition
Brenton Currie
Sunday, 18 December 2011 13:05
After 85 days of review, the Australian Competition and Consumer Commission (ACCC) has announced it approves of moves by Seagate Technology to acquire Samsung's hard disk drive division.
Seagate/Samsung deal gets ACCC thumbs up (Credit: Seagate)
The decision, part of an informal review by the ACCC, was handed down on December 13 with the group finding that the merger should not be opposed.
''The proposed acquisition will increase concentration in what are already highly concentrated markets,' the ACCC's findings read.
'This is because post-mergers of both WD/HGST and Seagate/Samsung, the number of manufacturers in these HDD markets reduces from four global suppliers to only two global suppliers.'
Investigated was the impact that Seagate's acquisition of Samsung's division would have in the global markets for HDDs for computers, mobile devices, servers, storage systems and electronic devices in general.
The ACCC also found the acquisition would be 'unlikely to result in a substantial lessening of competition' because Samsung 'is not a leader of innovation or price discounting in the HDD industry'.
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