Western Digital To Aquire SanDisk For $19 Billion ➝

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.

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