SanDisk acquires enterprise developer SSD technology complacent 327 million.
Generally when SanDisk comes to mind, this generally means a memory or USB storage card. Most consumers are not aware that SanDisk offers a few readers of the solid state, with 60 GB and the other with 120 GB. Sector business has an even wider variety, by adding the P4 with various ways to interface, including SATA, micro SATA, mSATA, LIF and BGA and line DSSI integrated readers that are used in tablets, smartbooks, ultrathin PC and more.
But the position of SanDisk on the market of the company can get boost turbocharger, the company announced an agreement with the SSD Pliant technology developer company. Under the agreement, SanDisk will acquire the company by duplication of approximately 327 million dollars in cash and provide some "focused on equity incentives." The agreement should close at the end of the second fiscal quarter of SanDisk.
SanDisk is of course after the folding technology. The latter company sells solid state drives business ultra-high performance based on the SAS Protocol and MLC NAND Flash memory. It was also expected to release the solutions on the PCIe for high performance computing servers. The lower cost of MLC is a key element for the broad adoption of SSDs on the market of the company, the company said in a statement.
"Flash memory made significant inroads in the enterprise by dramatically increase application performance and reduction of energy consumption," said Sanjay Mehrotra, SanDisk Chairman and Chief Executive Officer. "We believe that the combination of innovative technology and enterprise level system expertise with high-quality, large-scale MLC memory production of SanDisk's folding is a winning proposition of value for customers."
"Our roadmap of flash technology and flash management capability will be complement the strengths of the folding and allow us to show the way to the reliability and performance in the Enterprise SSD market," Mahrotra added.
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