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SanDisk Acquires SMART Storage Systems for $307M Discussion


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#1 SR Writer

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Posted 03 July 2013 - 09:04 AM

SanDisk has announced an agreement to acquire SMART Storage Systems, which is known for its innovative SAS and SATA interface SSDs and Guardian Technology, for a sum of $307 million in cash and equity-based incentives. The acquisition has been approved by both boards of directors, and pending regulatory review, the deal is expected to be completed in August. With the finalization of the deal, around 250 employees from SMART will join the SanDisk team.
SanDisk Acquires SMART Storage Systems for $307M



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