The European Commission (EC) has given its approval for storage specialist Western Digital to acquire the hard drive branch of Hitachi.
The EC said it had approved the acquisition following the agreement to certain conditions by Western Digital. As part of the deal, the company will need to sell off a portion of the production assets from Hitachi Global Storage Technologies (GST).
The assets are said to relate to the manufacturing of 3.5in hard disk drive units as well as certain pieces of intellectual property.
"Hard disk drives are a key component of computers and other sophisticated electronic devices as they are used to store a growing bulk of data in the digital economy," said EC vice president in charge of competition policy Joaquín Almunia.
"The proposed divestiture will ensure that competition in the industry is fully restored before the merger is implemented."
The approval allows Western Digital to clear a key hurdle in its plan to purchase the hard disk storage unit of Hitachi, a unit recently rebranded from Hitatchi GST to Viviti Technologies.
The two firms announced the $4.3bn deal, which includes $350m in cash, in March of this year. The proposed acquisition will give Western Digital a larger presence in what analysts see as a fast growing enterprise market for hard drives.
The EU's approval should come as welcome news to Western Digital. Earlier this week the company was hit with a $525m fee when an arbitration judge sided against the company in a legal battle with rival Seagate.
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