SanDisk to Acquire SSD Company for $327 Million
- May 16, 2011
May 16, 2011- Flash memory storage company, SanDisk, today announced it will acquire solid state drive (SSD) company, Pliant, for $327 million. SanDisk’s announcement cited the growth of multi-level cell SSD flash memory in enterprise drives and predictions that the enterprise SSD market will generate $4.2 billion in revenues by 2014. Pliant lists Dell and LSI Logic as its OEM customers.