We keep hearing that it’s a buyer’s market out there, and for anyone with any amount of cash (that’d be Hitachi, in this scenario), the getting is pretty great. Hitachi Global Storage Technologies (GST) has just announced that it has snapped up Fabrik , Inc., a privately-held supplier of personal and professional storage solutions. You may be more familiar with the said company’s brands, as G-Technology and SimpleTech tend to ring bells much better than a name easily mistaken for clothing

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Hitachi acquires Fabrik, looks to expand market presence