Dennis Faas's picture

SanDisk Expands, Purchases Msystems

It seems major industry acquisitions are becoming pretty common this summer. Popular MP3 player producer SanDisk recently announced that it has purchased Israeli-based Msystems for a reported $1.55 billion, a move that could expand SanDisk's ... interest in storage beyond the lower-end digital market. Although it hardly has the name power of Apple, SanDisk is the dominant maker of removable flash storage cartridges. The California-based company is perhaps the strongest producer in the (almost) iPod-free 1GB player and under range. Msystems -- which was once awkwardly named M-Systems Flash Disk ... (view more)

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