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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

Apollo, Elliot Investment inject $900m into Western Digital

David Goeckeler, CEO, Western Digital. Source: WD

The Tech Capital

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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