The MicroSD card inside your smartphone may soon have a different logo upon it. On Wednesday, Western Digital
announced its acquisiton of SanDisk
for $19 Billion.
The acquisition brings together two powerhouses in the data storage space. SanDisk was founded in 1988 originally under the name SunDisk. Seven years later, the company went public, trading on the Nasdaq exchange at $10 a share. The company is best known for its line of memory cards and USB flash drives used for storage.
Western Digital, founded 45 years ago, specializes in a variety of external hard drives as well as internal storage options.
Western Digital Announces Acquisition Of SanDisk
New platform creates