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SanDisk to Buy Fusion-io

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Jun 16, 2014, 8:05 AM   by Eric M. Zeman

SanDisk today said it has agreed to buy Fusion-io for $1.11 billion in cash. SanDisk is known for flash-memory drives and memory cards for mobile devices. Fusion-io makes server-grade solid state drives. SanDisk is making the purchase to expand the scope of its business.

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