Western Digital Acquired SanDisk For $19 Billion
SanDisk is the most popular manufacturer of microSD cards and majority of smartphones have a SanDisk card in them so Western Digital acquired SanDisk for $19 billion seeing its potential.
This acquisition combines two of the biggest companies that manufacture non-volatile memories. Western Digital is one of the world’s biggest manufacturer of hard drives and the company is hoping to grab onto SanDisk’s lead in solid-state technology and microSD cards. Acquiring a company that makes flash storage could be a very good move for the company.
Western Digital can now offer both good hard drives and memory cards. While acquisitions like these bring up the topic of competition, Western digital is the only one to benefit a lot from this deal.
These two companies have more than 1500 patents issued or pending. SanDisk will continue to partner with Toshiba for vertically-integrated storage solutions.
Samsung is one of the leading NAND chip maker for mobile and the company has tried to acquire SanDisk back in 2008 but the deal was never made because US regulators stopped it.
SanDisk facility will remain in California and the joint venture with Toshiba will continue and it seems that not much is going to change at least not in the short term. I am hopeful that prices will stay low and innovations will continue.
What do you think of this Western Digital acquired SanDisk? Let us know in the comments.