Samsung seeks to buy Sandisk, would become Flashzilla
Posted on Sep 5, 08 11:46 AM PDT
MarketWatch is reporting that Samsung is seeking to acquire Sandisk, the maker of flash memory and multimedia players. That might be a good time: Sandisk lost 50% of its market capitalization since June 2008. Samsung is already a flash memory giant and with Sandisk, it would acquire a great brand, an awesome patents portfolio, additional revenues... and instantly become "Flashzilla". At first view, it's not a bad deal, at depressed price.
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