Best practices for digital infrastructure businesses impacted by SVB's collapse
The sudden and unexpected closure of Silicon Valley Bank (SVB), which managed US$212 billion in assets, has sent shockwaves through the financial community hav...
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Apollo, Elliot Investment inject $900m into Western Digital
The storage giant said it will utilise the cash to up its game against rivals in the data centre field.
By João Marques Lima
Founder and Editor, The Tech Capital
4 Mins
February 02, 2023 | 12:04 AM GMT
David Goeckeler, CEO, Western Digital. Source: WD
Western Digital (NASDAQ: WDC) has announced a $900 million capital injection from Apollo Global Management and Elliott Investment Management L.P. through the sale of convertible preferred stock.
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João Marques Lima
Founder and Editor, The Tech Capital
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