Matt Burns, reporting for TechCrunch:
Western Digital just bought a bunch of memory cards. The storage giant just announced that it has agreed to buy SanDisk Corp for about $19 billion. This comes after speculation that SanDisk was shopping for a buyer.
The deal values SanDisk at $86.50 a share, which is a 15% premium on the previous day’s closing price, giving the company a value of $15.4 billion.
I was a huge fan of Western Digital hard drives back in my PC building days and they’re now my go-to brand when I buy external drives today.