Western Digital buys SanDisk for $ 19 billion
Western Digital, the world's largest drive maker, is buying the SanDisk flash memory market leader. The amount of the transaction will be 19 billion dollars.
Western Digital manufactures hard drives and SSDs for personal computers, laptops, servers, and sells drives directly to consumers. The company was founded in 1970, and began producing hard drives in 1988. In 2010, she was ahead of Seagate and came out on top in the industry. In 2011, Western Digital bought the Hitachi hard drive division, which Hitachi had previously bought from IBM, and IBM from Compaq.
SanDisk is known for memory cards and USB sticks - it is the largest manufacturer of storage devices based on flash memory. The company was founded in 1988. In 2014, its revenues amounted to 6.628 billion dollars. The volume of the SD card market in 2014 amounted to 7.7 billion dollars.
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Buying SanDisk will cost Western Digital $ 86.5 per share, for a total of $ 19 billion. Companies will receive approval for the transaction from interested parties.
The acquisition will allow Western Digital to strengthen its position in the flash-based storage market, the company said in a press release . In total, companies have fifteen thousand patents.
Western Digital manufactures hard drives and SSDs for personal computers, laptops, servers, and sells drives directly to consumers. The company was founded in 1970, and began producing hard drives in 1988. In 2010, she was ahead of Seagate and came out on top in the industry. In 2011, Western Digital bought the Hitachi hard drive division, which Hitachi had previously bought from IBM, and IBM from Compaq.
SanDisk is known for memory cards and USB sticks - it is the largest manufacturer of storage devices based on flash memory. The company was founded in 1988. In 2014, its revenues amounted to 6.628 billion dollars. The volume of the SD card market in 2014 amounted to 7.7 billion dollars.
')
Buying SanDisk will cost Western Digital $ 86.5 per share, for a total of $ 19 billion. Companies will receive approval for the transaction from interested parties.
The acquisition will allow Western Digital to strengthen its position in the flash-based storage market, the company said in a press release . In total, companies have fifteen thousand patents.
Source: https://habr.com/ru/post/295580/
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