Western Digital Becomes A Storage Mammoth with SanDisk
What happens when you combine a world leader in mechanical drives with an expert at non-volatile memory? A company with extensive portfolio, and greater market reach around the globe. And it just happened, with the official announcement of Western Digital’s acquisition of SanDisk, a known NAND expert in the field second only to SAMSUNG when it comes to non-volatile memory market share.
The talks about the acquisition dates back last year, hitting full swing the first quarter of 2016, ending up the bidding this May at around $17 Billion. That’s a lot of zeroes guys, seriously. The acquisition is smoothly working out with Steve Milligan continuing to serve as the chief executive officer of Western Digital, while Sanjay Mehrotra, the co-founder, president and CEO of SanDisk, will serve as a member of the Western Digital Board of Directors, effectively and immediately, according to WDC.
This has been an exciting news for both companies and especially the consumers, with Two storage giants merging into one that will ultimately bring change to the storage landscape. WD for an instance, holds a great amount of patents, great R&D department, and with that alone, it really is exciting what will happen over the course of months. WD SSD, everyone?
[button link=”https://www.benzinga.com/news/16/05/7972435/western-digital-completes-sandisk-acquisition” type=”big” color=”red” newwindow=”yes”] AWESOME SAUCE
