Originally Posted by Thready
Maybe They can create a hybrid drive with more than freaking 8 GB of NAND. Maybe they can have 32 GB NAND with a 1 TB platter.
WELL I CAN DREAM CAN'T I?!
I hope so, I think this might happen if WD acquires Sandisk. How about a Velociraptor 10k rpm drive with 120gb of NAND.
Yup definitely looks like it is a go:
Western Digital has agreed to purchase Sandisk for $19 billion in cash and stock, a deal which values Sandisk at $86.50 per share and represents a 12% premium over yesterday's closing price. Current Western Digital CEO Steve Milligan will remain in charge of the company, which retains its headquarters in Irvine, California, while SanDisk's CEO Sanjay Mehrotra is expected to remain with Western Digital and join their board of directors.
Directly from WD:
http://www.wdc.com/en/company/pressroom/releases/?release=e5f16023-3969-4cd0-bc3b-fe7e35572518Edited by BiG StroOnZ - 10/22/15 at 1:52am
IRVINE, Calif. and MILPITAS, Calif. — Oct. 21, 2015 — Western Digital® Corporation (NASDAQ: WDC) and SanDisk Corporation (NASDAQ: SNDK) today announced that they have entered into a definitive agreement under which Western Digital will acquire all of the outstanding shares of SanDisk for a combination of cash and stock. The offer values SanDisk common stock at $86.50 per share or a total equity value of approximately $19 billion, using a five-day volume weighted average price ending on October 20, 2015 of $79.60 per share of Western Digital common stock. If the previously announced investment in Western Digital by Unisplendour Corporation Limited closes prior to this acquisition, Western Digital will pay $85.10 per share in cash and 0.0176 shares of Western Digital common stock per share of SanDisk common stock; and if the Unisplendour transaction has not closed or has been terminated, $67.50 in cash and 0.2387 shares of Western Digital common stock per share of SanDisk common stock. The transaction has been approved by the boards of directors of both companies.