Samsung is reportedly looking into the acquisition of SanDisk Corp. A union of two Flash memory giants sure to get the attention
Toshiba (SanDisk's partner-in-NAND) and that of anti-trusters from Korea to
Intel. To makes matters even more interesting,
Seagate was also courting SanDisk whose stock price has plummeted from $56 to just over $13 per share since this time last year. Hey investors, sounds like an ideal premise for a bidding war to us. Then again, we only took Econ101 to sit in a room with real live girls.
In a comment on this market rumor and speculation, SanDisk just issued the following statement:
"SanDisk periodically has conversations with multiple parties, including Samsung, regarding a variety of potential business opportunities. We evaluate all of these opportunities, but maintain a policy of not commenting on market rumors or speculation."
[Thanks, Genesis]
Read -- Samsung's advances
Read -- SanDisk's response
Reader Comments (Page 1 of 1)
richard @ Sep 5th 2008 4:57AM
FASH Aaaaaaaaaaa
Blackstar @ Sep 5th 2008 6:42AM
Imbecile! The Emperor would shoot you for interrupting his wedding with this news! Fire when Gordon's in range!
richard @ Sep 5th 2008 5:03AM
but can they make ss drive for less $
ntlam @ Sep 5th 2008 5:32AM
ok.. so pump all your money into SanDisk ;-)
Roberto Egretti @ Sep 5th 2008 5:51AM
Pshh… you know no real girls are in Econ.
Jay @ Sep 5th 2008 6:01AM
ewww...
I still like how "SanDisk" resonate to my ears.
"Samsung"?? hmm cheap0... just like a Hyundai. period.
PJK @ Sep 5th 2008 6:49AM
Samsung cheapo? Have you been under a rock for the last 5 years , they're a premier brand with some of the best, most relisable and definitely most reasonably priced tech out there.
PJK @ Sep 5th 2008 6:51AM
reliable not relisable^
Though if there was such a word, I bet they'd be damn relisable too.
blizz419 @ Sep 5th 2008 7:31AM
I agree PJK, Jay must of been hiding under a rock for 5 years wearing a tinfoil hat surviving on ramen noodles lol
Foogooo @ Sep 5th 2008 7:36AM
@PJK
I totally agree. I have a sammy lcd and would never look at another. They have come a long way. As have Panasonic!
Living Brain Donor @ Sep 5th 2008 7:49AM
So...why is Ming wearing SanDisk's logo? He's the merciless one, not the poor schlub that Flash is going to beat into submission.
nZLE @ Sep 5th 2008 9:02AM
I doubt Samsung would get rid of SanDisk brand even after it takes over(?) SanDisk.
AcerBandit @ Sep 5th 2008 9:19AM
I hope they all just get together and create the best baby storage device EVER.
... @ Sep 5th 2008 11:32AM
Spam me, I'm a racist. juno.kr@gmail.com
samryu @ Sep 5th 2008 11:55AM
Nice!
Korey @ Sep 5th 2008 2:42PM
SamDisk or SanSung you choose.