Western Digital acquiring Sandisk

Discussion in 'Current Events' started by phrehdd, Oct 25, 2015.

  1. phrehdd macrumors 68040

    phrehdd

    Joined:
    Oct 25, 2008
    #1
    Western Digital is buying flash storage company SanDisk.

    Western Digital has announced they have entered into a definitive agreement under which Western Digital will acquire all of the outstanding shares of SanDisk for a combination of cash and stock.

    The offer values SanDisk common stock at $86.50 per share or a total equity value of approximately $19 billion. The transaction has been approved by the boards of directors of both companies.

    The deal enables Western Digital to double its potential market by allowing it to vertically integrate into NAND flash, securing long-term access to solid state technology at lower cost.
     
  2. keysofanxiety macrumors 604

    keysofanxiety

    Joined:
    Nov 23, 2011
    #2
    This will be interesting to see a third major player in the SSD market. Normally you see Crucial and Samsung releasing similar products and constantly undercutting each other (well, this trend is true of Amazon prices at least). I know SanDisk do a number of competitively priced and solidly built SSDs. Not to say they're bad, but who would really choose them over Crucial/Samsung for the sake of saving $3?
     

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