SanDisk Buying Fusion-io To Expand Server Biz

Posted by at 1:56 pm on June 16, 2014

SanDisk today said it has agreed to buy Fusion-io for $1.11 billion in cash. SanDisk is known for flash-memory drives and memory cards for mobile devices.

Fusion-io makes server-grade solid state drives. SanDisk is making the purchase to expand the scope of its business.

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