Samsung
Samsung is said to be in talks to buy SanDisk
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Samsung may take over SanDisk

Companies reportedly in acquisition talks

Shaun Nichols in San Francisco, vnunet.com 06 Sep 2008
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Consumer electronics and memory chip vendor Samsung is reportedly in talks to buy Flash storage vendor SanDisk.

The rumour was first reported by news site PaidContent, which cited local Korean news reports and company sources.

The report suggests that Samsung is attempting in part to eliminate the annual royalty fees it pays to SanDisk, which can be as high as $353m annually.

The deal would also boost Samsung's reach within the Flash memory industry and could strike a blow to rival Toshiba, which has a history of partnering with SanDisk.

It could also help Samsung in the consumer electronics market. SanDisk's Sansa MP3 player lines and Flash storage products could complement Samsung's own products.

This is not the first time that SanDisk has been tied to acquisition rumours. Last month, the company was said to be in talks with hard drive vendor Seagate.

See also:

Solid state driveSolid state hype not helping buyers make the right decisions  15 Jul 2008
Market pressures prompt move to newer technologies, analysts say  17 Jun 2008
CeBIT 2008SD-to-ExpressCard converter protects notebook content  06 Mar 2008
SanDisk solid state driveFlash drives may not take off until 2013  21 Feb 2008

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Tags: Samsung, Sandisk, Hardware

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