Msystems

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.

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.

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.