Western Digital is buying SanDisk for $19 billion :damn:

[JordanWearinThe45]

Hot on the heels of the Dell-EMC megaquisitioncomes the news that Western Digital, the world's largest storage manufacturer, is buying one of the world's largest flash memory manufacturers, SanDisk. The deal is worth $86.50 per share, which adds up to a total of $19 billion. Western Digital supplies hard drives and SSDs for use inside things like PCs, laptops, and servers, and also sells external drives directly to consumers. The target of its affection is SanDisk, which is the third-largest manufacturer of flash memory worldwide, and is best known for its memory card and USB drive business.

Both companies are currently headquartered in California and have been operating for decades. SanDisk has been a long-time partner of one of Western Digital's rivals in the storage space, Toshiba. The joint venture between SanDisk and Toshiba will apparently be unaffected by today's news. As per usual, a deal of this size needs to be okayed by various parties before it goes through -- Western Digital says it expects things to be all done and dusted by the third quarter of next year.

 

[Golayitdown]

Makes sense, but at that price tag

 

[YvrzTrvly]

Not gonna lie my 1st gen WD still holdin up to this day.

 

[ball15life]

Imagine the people who just bought WD stock before the acquisition

 

[Why-Fi]

thats a lot of clams. SanDisk out here making 200gb microsds tho...might be worth it

 

[Arcavian]

I'm all for the quality of sandisk cards improving

My WD external has been running strong for 8 years

 

[keepemup]

Hmm recently Hp teamed up with SanDisk to work on their version of 'TheMachine' which I think has something to do with memristors (where all memory is NVRAM peristent memory over power cycles) which would truly lead to a new age in computing. With this buy, a triad of companies and expertise are coming together to make this a reality, as far as my prognostication leads.

This may be the most powerful consortium in taking on Intel and Micron's XPoint memory.

 

[Tunez]

Amazing move. Seagate lost

 

[MidniteJay]

Amazing move. Seagate lost

@ Seagate

 

[itsyoung!!]

how does this not make a monopoly ? These are the only 2 hard drive companies people really buy from besides Seagate.. so now its just Seagate vs WD ?

WD pretty much now has a hold on regular HDD and SSDs now. $19 billion

safe to say they'll be in the next line of consoles ? What HDD company is currently in consoles ?


edit: havnt looked up SSD pricing in awhile, 480 GB for $200 ima get one before year ends I think (if I find some games to play), my 128 GB has lasted like 4-5 years

 

[Tunez]

how does this not make a monopoly ? These are the only 2 hard drive companies people really buy from besides Seagate.. so now its just Seagate vs WD ?

WD pretty much now has a hold on regular HDD and SSDs now. $19 billion

safe to say they'll be in the next line of consoles ? What HDD company is currently in consoles ?


edit: havnt looked up SSD pricing in awhile, 480 GB for $200 ima get one before year ends I think (if I find some games to play), my 128 GB has lasted like 4-5 years

Toshiba makes HDD

 

[itsyoung!!]

Toshiba makes HDD

Do you know anyone whose ever bought a Toshiba HDD

Samsung makes hard drives too.. but the big 3 were SanDisk (think about it, thats why they are worth $19 billion..), Western Digital and Seagate..

and now its just down to 2..

 

[Tunez]

Do you know anyone whose ever bought a Toshiba HDD

Samsung makes hard drives too.. but the big 3 were SanDisk (think about it, thats why they are worth $19 billion..), Western Digital and Seagate..

and now its just down to 2..

Yes I do