Western Digital Corporation and SanDisk Corporation announced that they have entered into a definitive agreement under which Western Digital will acquire all of the outstanding shares of SanDisk for a combination of cash and stock.
Western Digital and SanDisk seems two consumers related names, but they both have a huge enterprise market.
SanDisk has bought Fusion-IO more than one year ago and also has an interesting FlashSoft product, recently redesigned for VMware vSphere to be included in the VAIO framework.
WD was already a larger group, with an interesting enterprise division: HGST, Inc. (formerly Hitachi Global Storage Technologies) a wholly owned subsidiary of Western Digital that sells hard disk drives, solid-state drives, and external storage products and services.
The combination is the next step in the transformation of Western Digital into a storage company with global scale, extensive product and technology assets, and deep expertise in non-volatile memory (NVM). With this transaction, Western Digital will double its addressable market and expand its participation in higher-growth segments. SanDisk brings a 27-year history of innovation and expertise in NVM, systems solutions and manufacturing. The combination also enables Western Digital to vertically integrate into NAND, securing long-term access to solid state technology at lower cost.
But not only a storage product company, but also a storage solutions with several interesting software assets.
And also a complete storage vendor, with an entire storage system: HGST Active Archive System a 4.7PB Object Storage System Making Cloud Storage More Affordable, Scalable and Accessible Than Ever Before.