Tag Archives: acquisition

Western Digital Corporation is announcing that it its wholly-owned subsidiary Western Digital Technologies has completed its acquisition of SanDisk Corporation.  Acquiring SanDisk adds to Western Digital’s presence as a comprehensive storage solutions provider, furthering their global reach and extending their product and technology platforms, including ever-deeper expertise in both rotating magnetic storage and non-volatile memory (NVM). According to Steve Milligan, …

Western Digital Corporation and SanDisk Corporation have announced that they have reached a definitive agreement that will see Western Digital acquire all of SanDisk’s outstanding shares for a combination of stock and cash. This offer places a value of $86.50 on each share of SanDisk common stock, resulting in a total equity valuation of approximately $19 billion (based on a …

SanDisk Corporation, a world-leading producer of flash storage devices, is announcing that it has completed the previously-announced acquisition of Fusion-io.  Fusion-io is a leading producer of flash-based PCIe solid-state devices and software solutions that accelerate performance for enterprise and hyperscale datacenters. Under the agreement’s terms, SanDisk has completed the acquisition for $11.25 per share for the outstanding shares of Fusion-io, …

Seagate Technology, a world-leading provider of storage products, is announcing that they have entered into a definitive asset purchase agreement with Avago Technologies Limited, which will result in Seagate acquiring from Avago the assets of LSI’s Accelerated Solutions Division (ASD) and Flash Components Division (FCD) for a reported $450 million in cash.  Although a bit of a late-comer to the …

OCZ Technology Group, Inc., a prior leader in high-performance solid state drive (SSD) technology for client and enterprise markets, has announced that they have received approval from the United States Bankruptcy Court for the District of Delaware to transfer the substantial portion of the SSD-related assets to Toshiba Corporation.  Many have asked if the OCZ name would live on under …

Today OCZ invited us up to their penthouse suite at the posh Aria hotel to demo some of their latest and greatest technology. OCZ surprised us with a decidedly enterprise-oriented direction in their newest offerings. With OCZ dominating the consumer space, it is only natural that they want to expand into the enterprise sector. SSDs only account for 1-2% of …

A quick note sent to me first thing this morning confirmed that the LSI integration of SandForce is underway and it is a done deal. If you have any former SandForce contacts, simply change the ‘@SandForce.com’ to @lsi.com’ and thats that. Trust me when I say that this is going to mean BIG things in the PCI Express market but …

Another day another company for sale, or so it seems in the flash industry as of late. Texas Memory Systems has just announced that they are open to offers which is a bit unexpected for a company with 33 years in the field. A string of recent mergers toughens the playing field for Texas Memory Systems and other vendors. The …