The maker of hard drives is set to leapfrog into the world of flash chips with the acquisition of the US chip maker and developer
After several weeks of receiving reports that she was looking for a buyer, it seems that SanDisk has found its new parent company - and it is no different fromWestern Digital The largest manufacturer of mechanical hard drives in the world.
The transaction value is more about 86.5 per dollar per share SanDisk, Which constitutes a premium of 15 per cent compared to the current market price and a total value of approximately 19 billion, making it one of the largest transactions in the world of hardware, and in the storage world in particular.
If and when this transaction is approved and becomes final, Western Digital will become not only the leader of the mechanical drive market but also a very significant competitor in the flash chip market, both in production (in cooperation with Toshiba that will probably continue after the transaction) and in developing products based on storage To the business market, through drives SSD All types and ending with the world of SD cards,USB, In which SanDisk Has been the leading name for many years.
Thus, it seems that the two 'dinosaurs' of the world of hard drives, Western Digital and Seagate, are completing an important modernization process and becoming relevant players in the new era of the storage market - WD with the planned acquisition of SanDisk and the big competitor Seagate with the takeover of controllers.SSD The SandForce vendor, which it made last year as part of the acquisition of LSI's flash technologies division.
In a few years, when the decline of mechanical drives will go into high gear (according to forecasts), we will see Western Digital and Segate becoming big competitors of Samsung,SSD, Or are they already late for the train and what is happening now is too little and too late?