Hitachi starts with Initial Public Offering in USA

more images

NEW YORK (GaeaTimes.com) — Hitachi has started offering Initial Public Offerings for its Hard Drive Unit based at the United States. The IPO will probably start from the next year end. Hitachi is currently placed at the 3rd position in Global Hard Drive manufacturing services.

It is still unsure whether Hitachi will be considering a sale of all or part of HGST. Hitachi is also targeting to acquire some European and US based IT firms. The company plans to shift its domain sighting the huge market and profit that the IT industry is making.

However, most people will be positive about buying Hitachi’s shares, considering that it will definitely see profit.