SanDisk takes storage maker Fusion-io on

Jun

17

2014

SanDisk takes storage maker Fusion-io in an amount of 1.1 billion dollars, converted more than 800 million. That both companies were known Monday. The acquisition is in the third quarter of SanDisk’s fiscal year have been completed.

SanDisk logo In a statement, says CEO Sanjay Mehrota the acquisition SanDisk helps to assist with managing huge data workloads. businesses better Fusion-io also makes flash storage, but focuses mainly on taking its use in data centers.

SanDisk puts to acquire approximately $ 1.1 billion on the table and expects the acquisition in the third quarter of fiscal year behind. The first concrete effects of the acquisition would be the middle of next year are noticeable, there is finally in the statement.

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