#western digital sandisk

Back in October 2015, Western Digital Corporation has announced that it will acquire SanDisk Corporation for $19 billion. We are pleased to have received approval from MOFCOM, the final regulatory milestone for our combination with SanDisk," said Steve Milligan, chief executive officer of Western Digital. "We look forward to closing the transaction and to integrating our two global businesses to create the leading storage solutions company." Back in March 15, 2016, Western Digital and SanDisk shareholders have voted to approve the said transaction. Western Digital's acquisition of SanDisk allows the former to transform into a storage solutions company with deep expertise in non-volatile memory (NVM), integrate into NAND, and secure long-term access to solid state technology. Western Digital Corporation has announced that it will acquire SanDisk Corporation for $19 billion. Western Digital says that it will acquire all of the outstanding shares of SanDisk for a combination of cash and stock with a total equity value of approximately $19 billion. The acquisition allows Western Digital to transform into a storage solutions company with deep expertise in non-volatile memory (NVM), integrate into NAND, and secure long-term access to solid state technology. "This transformational acquisition aligns with our long-term strategy to be an innovative leader in the storage industry by providing compelling, high-quality products with leading technology," said Steve Milligan, chief executive officer, Western Digital. Read more in our articles including "Western Digital officially acquires SanDisk for $19 billion" and "Western Digital to acquire SanDisk for $19 billion".