It's official: Western Digital to acquire SanDisk for $19 billion

Hard drive maker Western Digital has announced their acquisition of memory card giant SanDisk for $19 billion in cash and stock. There had been rumors for months that SanDisk was looking for a buyer and in the last week Western Digital was increasingly seen as a potential acquirer. The move has synergies for both companies, including the merger of huge lines of SSDs, HDDs, and NAND storage. ... [ read the full article ]