is in talks with
and others on the sale of its money-losing hard drive business,
reports, in a deal one newspaper estimated could be worth $945 million.
Fujitsu, which competes in the hard-drive business with
, Western Digital and
, aims to sell the business by year-end,
reports, citing a source.
Fujitsu and Western Digital are negotiating a price of $662 million to $945 million, the
business daily reported.
In a statement Thursday, Fujitsu said there is no "factual basis for this media report."
This article was written by a staff member of TheStreet.com.