Analyst sees Micron joint venture, SanDisk as possible targets for Seagate
Seagate has already made its intentions about jumping into the SSD game pretty clear, and one analyst now says he sees two clear options at the company's disposal if it wants to seriously make a go of it, each of which involve Seagate shelling out a good chunk of cash. According to Lazard's Daniel Amir, one option would be to buy out Intel's 49% stake in the IM Flash Technologies joint venture it has with Micron, which would reportedly cost anywhere from $1 to $2 billion (not to mention put Seagate on the outs with Intel). More likely than that, Amir says, would be an acquisition of or partnership with SanDisk, which he says would be an ideal fit given Seagate's expertise on the enterprise side and SanDisk's retail knowhow. Amir doesn't put a price tag on that option though, but you can be sure it wouldn't be cheap.
Filed under: Storage
Reader Comments (Page 1 of 1)
kccboy2004 @ Jun 24th 2008 4:49PM
Just somebody get in there and start making lots of these. Please.
kjb434 @ Jun 24th 2008 5:19PM
Impatient are we?
Charlie Calhoun @ Jun 24th 2008 5:46PM
Clouded your judgment is..
Haikibutsu @ Jun 24th 2008 4:51PM
Interesting. Does Sandisk make any stuff other than solid-state stuff, like hard drives?
JC @ Jun 24th 2008 9:40PM
they make crappy mp3 players
Keith Wright @ Jun 24th 2008 5:16PM
Random thought: if Seagate merged with Sandisk, you might even see a hard disk based Sansa mp3 player.
Would they call the new company Seadisk, or Sangate?
Frankie @ Jun 24th 2008 7:26PM
The performance capability of SSD will make feasible all kinds of new and exciting applications.
Still it is amazing to think how far they've been able to come with harddrives, which are still basically platters of rust spinning at thousands of feet per second.
Yodagurue @ Jun 24th 2008 7:42PM
My father works at Seagate and he claims these are just rumors they are thinking about getting into solid state but neither of these are for sure yet
jayzz @ Jun 24th 2008 8:33PM
I think it's really viable for Seagate to buy out Sandisk as its the cheapest and the company IS intending to buy out a company by the end of this year.
Crayola @ Jun 24th 2008 9:43PM
Seagate used to own a chunk of Sandisk as a matter of fact... Ugly headline, the analyst was talking about a joint partnership of his imagination.
aautopsy @ Aug 6th 2008 2:06PM
Why would any company make a HD player when its almost affordable to make a 64GB flash player.