Western Digital buying SanDisk for $19 billion
If you've ever used a memory card of any size or shape (like the dinky one inside your phone) it's a pretty good bet you've seen the name SanDisk before. They're one of the leading names in flash storage, and they're about to get gobbled up.
Reports are emerging that hard disk makers Western Digital are set to buy SanDisk for the princely sum of $19 billion, based on a priace of $85.50 per share. It's an acquisition which makes sense, especially given the ever increasing interest in tiny flash storage for mobile devices, tablets, cameras and more.