Hitachi GST IPO may be coming

Reuters saying - so it isn't spin

Via Aaron Rakers of Stifel Nicolaus I'm hearing Hitachi GST may be being prepped for an IPO.

He cites a Reuters report which mentions an IPO is one alternative and others include an outright sale by Hitachi of all or part of its disk drive operation.

Likely buyers if a sale is consider have to be the existing HDD manufacturers, led by Seagate and Western Digital, who would see this as a means of amortising R&D dollars across a vastly greater number of drive units. ®