Western Digital

Western Digital

Solutions for the collection, management, protection and use of digital information. Learn more

Launch date
Employees
Market cap
CAD29.6b
Enterprise valuation
CAD37.5b (Public information from Sep 2024)
San Jose California (HQ)
Corporate Venture Fund: Western Digital Capital

Financials

Estimates*

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues16.9b18.8b12.3b13.0b17.4b19.0b19.0b
% growth1 %11 %(34 %)6 %34 %9 %-
EBITDA2.4b3.4b(264m)851m4.4b4.7b4.2b
% EBITDA margin14 %18 %(2 %)7 %25 %25 %22 %
Profit821m1.5b(1.7b)(798m)2.4b2.9b1.7b
% profit margin5 %8 %(14 %)(6 %)14 %15 %9 %
EV / revenue1.6x1.0x1.4x2.4x1.5x1.3x1.1x
EV / EBITDA11.2x5.8x-65.0x35.9x5.8x5.2x4.8x
R&D budget2.2b2.3b2.0b1.9b---
R&D % of revenue13 %12 %16 %15 %---
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DateInvestorsAmountRound
-

N/A

-
N/A

N/A

IPO

N/A

Post IPO Equity
N/A

$988m

Post IPO Debt
*

$900m

Post IPO Convertible
*
N/A

$1.4b

Post IPO Convertible
Total Funding-

Recent News about Western Digital

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More about Western Digitalinfo icon
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Western Digital Corporation, a longstanding global leader in data storage solutions, has been at the forefront of technological innovation since its inception in 1994. The company specializes in providing high-value storage solutions, including Network Attached Storage (NAS), Storage Area Network (SAN), private cloud, and hyper-converged infrastructure. These solutions cater to a diverse range of clients, from Fortune 500 enterprises to small and medium-sized businesses across virtually every industry.

Western Digital operates in the highly competitive data storage market, which is crucial for businesses that require reliable and efficient data management and storage solutions. The company’s product portfolio includes all-flash arrays optimized for maximum input/output (I/O) applications and the JetStor brand, known for cost-effective NAS and SAN arrays. These products feature multiple host ports, enabling parallel path performance and support for clustered environments, which are essential for businesses with high data throughput needs.

The business model of Western Digital revolves around the development, manufacturing, and sale of data storage devices and solutions. The company generates revenue by selling these products to a wide range of clients, including large corporations, small and medium-sized enterprises, and individual consumers. Additionally, Western Digital offers support and maintenance services, which provide an ongoing revenue stream and help ensure customer satisfaction and loyalty.

In summary, Western Digital is a key player in the data storage industry, providing innovative and reliable solutions that meet the diverse needs of its clients. The company’s focus on leveraging leading technologies and offering high-value products has solidified its position as a trusted partner for businesses worldwide.

Keywords: Data Storage, NAS, SAN, Private Cloud, Hyper-Converged, Flash Arrays, JetStor, Fortune 500, SMEs, Innovation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
Investments analysisEdit

Investments by Western Digital

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HGST
ACQUISITION by Western Digital Mar 2012
Barefoot Networks
ACQUISITION by Intel Corporation Jun 2019
Arkeia Software
ACQUISITION by Western Digital Jan 2013
SanDisk Corporation
ACQUISITION by Western Digital Oct 2015
Tegile Systems
ACQUISITION by Western Digital Aug 2017
Skyera
ACQUISITION by HGST Dec 2014
Kazan Networks
ACQUISITION by Western Digital Sep 2019
Upthere
ACQUISITION by Western Digital Aug 2017
Virident Systems
ACQUISITION by Western Digital Sep 2013
View 30 more