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Western Digital Agrees to Buy SanDisk for $19 Billion

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Oct 21, 2015, 7:37 AM   by Eric M. Zeman   @phonescooper

Western Digital and SanDisk today announced plans to merge businesses. Western Digital primarily makes hard disk drives for computers and servers, while SanDisk primarily makes memory cards for phones, tablets, laptops, and cameras. Western Digital will buy SanDisk in a cash-and-stock deal valued at approximately $19 billion. The companies expect the deal to close during the third quarter of 2016, pending regulatory and shareholder approval.

more info at Reuters »

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