Western Digital, headquartered in San Jose, California, develops and sells data storage devices, employing 53,000 people across flash-based products and hard disk drives for various applications. Its offerings cater to both domestic and international markets through multiple sales channels.
WDC has been in the news recently: Western Digital is selling 7.5 million SanDisk shares to raise about $3.09 billion by swapping the shares for debt held by banks ahead of the one‑year spin‑off mark. SanDisk said Western Digital will also sell 5,821,135 shares at $545 each in a secondary offering, with SanDisk issuing no new shares and receiving no proceeds.
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