After the technology industry changed and disk drives were no longer as hot of a product, IBM sold off the disk drive division to Hitachi Global Storage Technologies in 2003 for $2.05 billion ... The disk drive maker never moved into it.
The 2025 IEEEMSST celebrated 40 years of NPSHDD move to HAMR could make them the largest manufacturer of commercial lasers as well as enabling high-capacity HDDs... .