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Seagate bids for TDK’s HDD head business

PUBLIC · STXOct 12, 2026

Acquiring Company

Seagate Technology Holdings plc

Acquired Company

TDK

FremontChūō-kuInformation TechnologyManufacturingInformation Technology

Description

Seagate and Toshiba are engaged in a bidding war for TDK's HDD head business. TDK is a key supplier of magnetic read/write heads, crucial for hard disk drives. Seagate's acquisition could significantly alter the supply chain and competitive dynamics in the HDD market. The potential purchase price is rumored to be several billion US dollars.

Company Information

Company

Seagate Technology Holdings plc

Location

Fremont, California, United States

About

Seagate Technology Holdings plc is a leading innovator of mass-capacity data storage, creating breakthrough technology to confidently store data and easily unlock its value. With over 45 years of experience, Seagate has shipped over four billion terabytes of data capacity and offers a full portfolio of storage devices, systems, and services from edge to cloud.

Fundz sees it the moment Seagate Technology Holdings plc makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired TDK?

TDK was acquired by Seagate Technology Holdings plc, based in Fremont. The deal was reported on October 12, 2026. Seagate Technology Holdings plc is a leading innovator of mass-capacity data storage, creating breakthrough technology to confidently store data and easily unlock its value. Seagate Technology Holdings plc is publicly traded (STX) and operates in Information Technology.

When did Seagate Technology Holdings plc acquire TDK?

Seagate Technology Holdings plc's acquisition of TDK was reported on October 12, 2026. Seagate and Toshiba are engaged in a bidding war for TDK's HDD head business. TDK is a key supplier of magnetic read/write heads, crucial for hard disk drives. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does TDK do?

TDK Corporation is a world leader in electronic solutions for the smart society based in Tokyo, Japan. It is privately held, operating in Manufacturing, and is based in Chūō-ku.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.