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Interesting. Any update or new info on this?
Categories: News, Rumors & Trends
This is interesting:
"Samsung Electronics is considering buying U.S. PC and mobile memory card maker SanDisk, according to a Korean online report (Google translation of the story here), and then later confirmed by the company. After the report came out, Samsung spokesperson said: "We are looking at various opportunities regarding SanDisk (NSDQ: SNDK), but nothing has been decided yet." The story said Samsung had hired J.P. Morgan as the banker for these negotiations."
http://www.paidcontent.org/entry/419-samsung-looking-at-buying-digital-memory...
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Editor
- member since: 12/11/2007
- rank: 1 of 892
-
location:
Gilbert, United States
- 24 articles authored
- 38 blog entries posted
- 53 forum threads started
- 263 comments
September 8, 2008 8:57 PM
Whole article here.
http://www.redorbit.com/news/technology/1547396/sandisk_shares_soar_on_samsun...
I just came across this.
Again very interesting.
Battered by a year of flagging prices for flash-memory chips and by an inability to get traction in sales of digital media devices, SanDisk (SNDK) may soon get scooped up by South Korean electronics giant Samsung Group.
SanDisk shares gained $4.18, or more than 31%, on Sept. 5 after Samsung said it's considering options for SanDisk that include an acquisition. SanDisk issued a statement that neither confirmed nor denied that a deal is in the offing.
Whole article here.
http://www.redorbit.com/news/technology/1547396/sandisk_shares_soar_on_samsun...
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