Toshiba Memory Sale: No Deal Without Western Digital Consent

Toshiba Corp. will struggle to sell its flash memory business without the acquiescence of Western Digital Corp., a fact the Japanese company seemingly ignored today when it signed a memorandum of understanding calling for the conclusion of acquisition talks with a potential buyer by the end of September. Even if Toshiba and the Bain Capital…

Federal Court Orders Halt to Sales of New High-Speed Computer Chips

A federal district court judge took the rare step of ordering a preliminary injunction against a Canadian company from manufacturing, using, distributing or selling high-speed memory controller chips used by SanDisk and other major computer manufacturers. Netlist, Inc. (NASDAQ: NLST) announced that Judge Yvonne Gonzalez Rogers of the United States District Court for the Northern…

SanDisk Spins out NexGen Storage

SanDisk Corporation (NASDAQ:SNDK), a global leader in flash storage solutions, today announced that it has completed the spin-out of the company’s ioContro solutions business. The ioControl solutions business, which was acquired by SanDisk as part of the acquisition of Fusion-io earlier this year, develops hybrid storage appliances that combine PCIe flash storage with traditional hard…

SanDisk Acquires Fusion-io

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced it has completed the previously announced acquisition of Fusion-io, a leading developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters. “I am delighted to welcome the employees of Fusion-io to SanDisk. The tremendous engineering…

SanDisk Sues SK Hynix

SanDisk Corporation (NASDAQ:SNDK), a global leader in flash storage solutions, today announced that it has filed a civil lawsuit against Korea’s SK Hynix, Inc., SK Hynix America and related entities in Santa Clara Superior Court. The lawsuit seeks damages, an injunction and other remedies against Hynix for trade secret misappropriation under California’s Uniform Trade Secret…