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Submitted URL: http://www.zdnet.com/sandisk-acquires-smart-storage-systems-for-307-million-7000017581/
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Effective URL: https://www.zdnet.com/article/sandisk-acquires-smart-storage-systems-for-307-million/
Submission: On March 23 via api from CA — Scanned from CA
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Time is Running Out Motorola's handy Bluetooth device adds satellite messaging Linux 6.2: The first mainstream Linux kernel for Apple M1 chips arrives Sony's new headphones adopt WH-1000XM5 technology at a great price The perfectly pointless $197 gadget that some people will love ZDNET Recommends Testing RFID blocking cards: Do they work? Do you need one? This almost-great Raspberry Pi alternative is missing one key feature This $75 dock turns your Mac Mini into a Mac Studio (sort of) Samsung's Galaxy S23 Plus is the Goldilocks of Smartphones Mobile World Congress 2023 Best massage chairs Best iRobot vacuums Best headphones for sleeping Best smart treadmills * Tech Gaming Headphones Laptops Mobile Accessories Networking PCs Printers Smartphones Smart Watches Speakers Streaming Devices Streaming Services Tablets TVs Wearables Kitchen & Household Office Furniture Office Hardware & Appliances Smart Home Smart Lighting Yard & Outdoors * Innovation Artificial Intelligence AR + VR Cloud Digital Transformation Energy Robotics Sustainability Transportation Work Life Accelerate your tech game Paid Content How the New Space Race Will Drive Innovation How the metaverse will change the future of work and society Managing the Multicloud The Future of the Internet The New Rules of Work The Tech Trends to Watch in 2023 * Business See all Business Amazon Apple Developer E-Commerce Edge Computing Enterprise Software Executive Google Microsoft Professional Development Social Media SMB Windows Digital transformation: Trends and insights for success Software development: Emerging trends and changing roles * Security See all Security Cyber Threats Password Manager Ransomware VPN Cybersecurity: Let's get tactical Securing the Cloud * Advice Deals How-to Product Comparisons Product Spotlights Reviews * Buying Guides See all Buying Guides Best all-in-one computers Best budget TVs Best gaming CPUs Best gaming laptops Best gaming PCs Best headphones Best iPads Best iPhones Best laptops Best large tablets Best OLED TVs Best robot vacuum mops Best rugged tablets Best Samsung phones Best smart rings Best smartphones Best smartwatches Best speakers Best tablets Best travel VPNs Best TVs Best VPNs * More See all Topics Finance Education Health Special Features ZDNET In Depth ZDNET Recommends Newsletters Videos Editorial Guidelines Tech Home Tech Computing Storage SANDISK ACQUIRES SMART STORAGE SYSTEMS FOR $307 MILLION For SanDisk, the SMART purchase is another step toward building out its enterprise portfolio and bolstering its data center footprint. Written by Larry Dignan, Contributor on July 2, 2013 * * * * * MUST READ Hands-on with Tesla's $300 wireless charging pad Read now SanDisk said Tuesday it will acquire SMART Storage Systems, a privately held solid state enterprise storage player, for $307 million as the company beefs up its efforts to grab data center market share. SMART focuses on enterprise solid state drives and is owned by Silver Lake Partners. SMART's product portfolio is geared to the enterprise, cloud deployments and defense and industrial industries. The transaction, which is expected to close in August, has been approved by all stakeholders. For SanDisk, the SMART purchase is another step toward building out its enterprise portfolio. SanDisk traditionally has been tethered to the consumer market, which faces stiff price competition and can be a bit flaky on the demand side. SanDisk will take SMART and combine it with its SAS products and be qualified with most of the top storage OEMs. SMART's flagship technology is called Guardian Technology, which aims to make NAND flash memory more durable and reliable. SMART had about $25 million in sales for its latest quarter. SanDisk said the acquisition will hurt earnings slightly in the second half of 2013 and then pad results in 2014. Editorial standards Show Comments Log In to Comment Community Guidelines x player version3.2.1stream typeHLSplayback state1duration441.10599999999994current time0.34buffer length68.05average dropped (fps)0.00playback framerate (fps)0.00switching modeautotransition statecompletestart index bitrate (B/s)-0.00kcurrent index bitrate (B/s)409.22kcurrent bandwidth (B/s)0.00k With just a few minutes of your time and a little knowhow, Replay video Large play-pause toggle Play pause 00:00 07:21 Live Closed captions Share Fullscreen Learn More Click to unmute RELATED THE ROCKETBOOK PRO MAKES A STRONG CASE FOR THE SMART NOTEBOOK SAMSUNG'S NEW ULTRA-WIDEBAND CHIP GIVES PHONES DISTANCE MEASURING DOWN TO THE CENTIMETER FORGET THE IPAD: I FOUND THE BEST ANDROID TABLETS YOU CAN BUY ZDNET we equip you to harness the power of disruptive innovation, at work and at home. * Topics * Galleries * Videos * Do Not Sell or Share My Personal Information * about ZDNET * Meet The Team * Sitemap * Reprint Policy * Join | Log In * Newsletters * Site Assistance * Licensing * * * * * * © 2023 ZDNET, A Red Ventures company. 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