Reuters reports that Western Digital will buy SanDisk in a deal worth roughly $19 billion. In a press release, WD said, “The combination is the next step in the transformation of Western Digital into a storage solutions company with global scale, extensive product and technology assets, and deep expertise in non-volatile memory (NVM).” SanDisk has been in business since 1988, and primarily “manufactures flash memory chips and other digital storage for personal computers, data centers and consumer electronics, including smartphones and tablets.” They have over 8,000 employees, compared to WD’s 76,000. This follows another major transaction in the storage market which was Dell buying EMC last week.
My thoughts? Western Digital is a huge maker of mechanical hard drives. That business is almost dead and is never coming back. So if it wishes to stay alive, getting into non-volatile memory which is also known as flash or solid state disks has to be the plan. Let’s see if the marketplace agrees.
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Western Digital To Buy SanDisk
Reuters reports that Western Digital will buy SanDisk in a deal worth roughly $19 billion. In a press release, WD said, “The combination is the next step in the transformation of Western Digital into a storage solutions company with global scale, extensive product and technology assets, and deep expertise in non-volatile memory (NVM).” SanDisk has been in business since 1988, and primarily “manufactures flash memory chips and other digital storage for personal computers, data centers and consumer electronics, including smartphones and tablets.” They have over 8,000 employees, compared to WD’s 76,000. This follows another major transaction in the storage market which was Dell buying EMC last week.
My thoughts? Western Digital is a huge maker of mechanical hard drives. That business is almost dead and is never coming back. So if it wishes to stay alive, getting into non-volatile memory which is also known as flash or solid state disks has to be the plan. Let’s see if the marketplace agrees.
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This entry was posted on October 21, 2015 at 6:21 pm and is filed under Commentary with tags Western Digital. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.