NEWS CATEGORIES:



NEWS ARCHIVE >>
SOFTPEDIA REVIEWS >>
MEET THE EDITORS >>
Home / News / Technology

Technology


More Companies Interested in SanDisk's Acquisition

Analysts say that Intel and Seagate have strong reasons to join the party

By Ionut Arghire, Windows Editor

22nd of September 2008, 06:57 GMT

Adjust text size:


Intel and Seagate may be interested in acquiring SanDisk
Enlarge picture
Last week, SanDisk turned down Samsung's offer of acquisition. It seems that the price per share offered now is lower than the one at the beginning of the discussions, and the company wants more money. As recent news shows, other companies seem to be interested in getting their hands on the flash memory company. Intel and Seagate are said to have joined the possible bidding war to acquire SanDisk.

When talking about Samsung's offer, industry sources share different opinions. Some believe that the offer was lower than the real value stock price, and it was influenced by a drop on the U.S. market. On the other hand, there are those who believe that SanDisk is actually trying to overestimate its value.

Rumors of Intel and Seagate being interested in putting their hands on SanDisk are getting stronger. The fact is that both companies have kept silence over a possible deal, yet their interest in the acquisition would make a lot of sense.

Seagate already announced it wants to enter the NAND market area, yet analysts say that it lacks the fab access and patents SanDisk has. This is not the only reason Seagate would be interested in the acquisition. Analysts say that the company would strengthen its portfolio of product offerings a lot if it owned the flash memory power house.

When it comes to Intel, there's little information that could be learned about its level of interest, but, as the giant chip maker moved towards the flash market area, purchasing SanDisk would give it a boost in this direction. Intel would become a powerful player at retail level really fast, as SanDisk enjoys the needed retail level brand awareness. Intel would be able this way to expand the use of its technology on the flash storage and MP3 player field, where it already tried to gain a stronger foothold but failed.

TAGS:

SanDisk | Samsung | Intel | Seagate | NAND flash
Read by 571 user(s) | Add comment | Link to this article TWEET THIS


Article rating:
NOT RATED 0 vote(s)    

Subscribe to news | Print article | Send to friend

© Copyright 2001-2009 Softpedia
Contact:

 

 

SEARCH THE NEWS ARCHIVE :




Today's News
| Yesterday's News | News Archive


MORE RELATED ARTICLES:


Samsung Offers $5.8 Billion for SanDisk

Fusion-IO Launches the Fastest SSD Ever

Samsung SSDs Boost Performance for Lenovo's ThinkPads

Solid State Drives to Reach 512GB by 2009

SanDisk Intros Ultra-Fast, 32GB Extreme III CompactFlash Card

Embedded SD Memory to Appear Soon in Portable Devices

New SATA 3.0 Gbps SSDs, Courtesy of Super Talent

User opinions:

No user comments yet.
Be the first to express your opinion using the form below!

Share your opinion:

Your Name:
Your Email Address:
(will not be used for commercial purposes)
Solve this to prove you're not a bot: =
Your review/opinion:

 




Windows tabGames tabDrivers tabMac tabLinux tabScripts tabMobile tabHandheld tabGadgets tabNews tab

SUBMIT PROGRAM   |   ADVERTISE   |   GET HELP   |   SEND US FEEDBACK   |   RSS FEEDS   |   ENTER NEWS SITE   |   ENGLISH BOARD   |   ROMANIAN FORUM