Western Digital Buys SanDisk for $19 Billion!



/ 3 years ago

western digital sandisk

American computer data storage company Western Digital is buying one of the world’s most appreciated flash memory manufacturers, SanDisk, for $86.50 per share, which adds up to $19 billion. As you probably know by now, Western Digital specializes in manufacturing hard drives and SSDs that are designed to be installed in laptops, PCs and servers, but it also retails external drives, most of which are highly appreciated for their reliability. SanDisk is currently the world’s third largest manufacturer of flash memory, and it made a name for itself by creating USB drives and memory cards. It makes sense for Western Digital to focus its gaze on a company such as SanDisk, especially since SanDisk has been affiliated with Toshiba for quite some time now, which is one of WD’s main rivals.

However, reports say that SanDisk’s collaboration with Toshiba will not be dissolved as a result of the purchase. Even though Western Digital hopes that the deal will go through by next year’s third quarter, there are a lot of things that need to be cleared up first. This is to be expected as we’re talking about a multiple billion-dollar purchase, as multiple parties and partners need to sign off on the deal.

What do you think about Western Digital’s recent move?

Topics: , ,

Support eTeknix.com

By supporting eTeknix, you help us grow. And continue to bring you the latest news, reviews, and competitions. Follow us on Facebook and Twitter to keep up with the latest technology. Share your favourite articles, chat with the team and more. Also check out eTeknix YouTube, where you'll find our latest video reviews, event coverage and features in 4K!
eTeknix FacebookeTeknix TwittereTeknix Instagram

Check out our Latest Video

Comments

One Response to “Western Digital Buys SanDisk for $19 Billion!”
  1. Sounds like the beginning of the end for rotating disks. Good job I say! The less moving parts in a PC the better!

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

  • Be Social with eTeknix

  • Poll

    Who Is Your Favourite Graphics Card Brand?

    View Results