SanDisk Shifts Focus To Enterprise SSD Market, Buys Pliant For US$327mnMay 2011 | M&A Analysis
Consumer flash memory storage solutions manufacturer SanDisk Corporation is set to reach into the high-end enterprise solid state drive (SSD) market by buying specialist manufacturer Pliant Technologies. SanDisk will pay US$327mn for Pliant. BMI welcomes the move as it fills a significant gap in SanDisk's storage solutions portfolio and exposes it to a fast-growing, high-revenue market with considerable room for innovation and expansion.
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