Western Digital agrees to buy SanDisk for around $19 billion

The acquisition gives Western Digital access to the growing market of NAND flash memory chips

21st October, 2015
SanDisk has been purchased for around $19 billion. Pic: Bloomberg

Western Digital has agreed to buy SanDisk gaining access to a supply of semiconductors that are at the heart of a fast-growing type of computer storage.

The sale is estimated to be around $19 billion.

The drive maker will pay $86.50 a share for SanDisk according to a statement today.

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