ZDNet — The acquisition of SanDisk by Western Digital closed on Thursday, US time, with the combined company set to have around 74,000 employees, and the “integration process” to begin immediately and happen in phases over the next two years.
Digi Times — Industry sources have suggested that SanDisk and Toshiba, which jointly develop NAND flash technology, are both being targeted for acquisition by China’s state-owned Tsinghua Unigroup. Unisplendor, a unit of Tsinghua Unigroup, has reached a deal to acquire an about 15% stake in storage company Western Digital. The achievement is actually part of China’s ambitions to establish a homegrown industry covering storage devices, DRAM and NAND flash memory, the sources disclosed.
TOKYO: Japan’s Toshiba is teaming up with US chip giant SanDisk to produce a “3D” memory chip they hope will allow users to save up to 50 hours of ultra-high definition video. In a deal worth a reported 500 billion yen ($4.84 billion) the companies will build a factory to make flash memory consisting of several layers of semiconductors stacked together to give as much as a terabyte — 1,000 gigabytes — of storage. That is around 16 times bigger than the largest 64-gigabyte Toshiba memory currently available in smart phones and tablet devices.