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Msystems Shareholders Approve Acquisition by SanDisk

Authored by Mark Hefflinger on November 9, 2006 - 2:29pm.
Milpitas, Calif. - SanDisk, a maker of flash memory data storage cards, said on Wednesday that shareholders of Israel's msystems have voted to approve the company's acquisition by SanDisk.
tags: Deals | Mobile | Tech | CE | Acquisitions | Storage | SanDisk | Memory | Israel | Stocks | Msystems |

SanDisk Gets U.S. Regulatory Clearance to Acquire Msystems

Authored by Mark Hefflinger on October 4, 2006 - 1:01pm.
Milpitas, Calif. - SanDisk, a maker of flash memory data storage cards used in MP3 players, mobile phones and other devices, said on Wednesday that it has received U.S. regulatory clearance to complete its $1.3 billion acquisition of Israel's msystems. The company said that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, and the Securities and Exchange Commission (SEC) has issued a no action letter. The deal still must be approved by msystems' shareholders and Israeli courts before closing. The deal, first announced in last July, would unite a pair of flash memory pioneers with complementary products, customers and channels. Msystems specializes in flash memory systems for the mobile, portable and embedded markets.
tags: Deals | Tech | MP3 | Acquisitions | Storage | Regulation | SanDisk | Memory | PMP | SEC | Msystems |

SanDisk to Acquire Flash Memory Firm Msystems for About $1.3 Billion

Authored by Mark Hefflinger on July 31, 2006 - 12:44pm.
Milpitas, Calif. - SanDisk, a maker of flash memory data storage cards, said that it will buy Israel's msystems for about $1.3 billion in stock.
tags: Deals | Tech | Investing | Acquisitions | Storage | Tech Deals | SanDisk | Memory | Israel | Msystems |