Western Digital announced that its acquisition of SanDisk was officially validated and closed. The transaction in the amount of $ 19 billion had been achieved in October 2015, which represented a 15% bonus over the course of
At the time, China was involved in this Unisplendour merger because it would take 15% stake in Western Digital. It
finally retired in February, bringing the total value ofacquisition to $ 16 billion.
“This transformational combination creates any media leader in storage technology with a portfolio products and solutions to cover a broad field of applications almost all computer and mobile devices, “said Steve Milligan,
Western Chairman and CEO of Digital. number 1 of the HDD market, the US firm had already offered the division of storage activities of the Japanese Hitachi 5 years ago for $ 4.3 billion. (Eureka Press)