Western digital finish to create long-term value for both sides of sandisk m&a

Western data announced yesterday, to $67.50 in cash and 0.2387 shares of western digital stocks, buying a share sandisk completed mergers and acquisitions, common stock, storage products will include rotating magnetic storage, and non-volatile memory (NVM), the two sides to integrate work immediately began, sandisk, President and CEO Sanjay Mehrotra will be the data members of the board of directors.

Western digital CEO Steve said Milligan, profound implications for the merger, will by rich, combination of product and solution to meet the global most of the operation and diverse application requirements of mobile devices, will lead innovation, to provide consumers with combining the advantages of excellent service, create substantial long-term value for shareholders.

Sanjay Mehrotra said, as the company merger, we will be a stronger company, focus on the needs of every year to geometric progression growth data storage requirements, both the growth and change are inseparable, with western digital l fight together, grow together, let us feel ecstatic, as members of the board of directors, hoped that both sides merge maximum potential.

Western digital is a traditional memory manufacturers, computer hard disk is the main commodity, the sales figures is quite stable, OEM manufacturers, distributors, dealers, the cloud infrastructure, such as suppliers, consumers generally are major clients.