Tuesday, May 17, 2011

SanDisk buys a manufacturer of SSD

The manufacturer SanDisk has announced its intention to redeem Pliant Technology, a manufacturer known for its SSD business products (SSD SAS and PCI Express) based on NAND MLC flash memory. Already approved by the boards of both companies, this acquisition is expected to cost nearly $ 327 million to SanDisk.

If all goes as planned, the merger should be completed by the end of the second fiscal quarter of SanDisk or by this summer.

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