Toshiba interested in buying SanDisk away from Samsung
You remember how Samsung is said to be thinking about purchasing memory chip maker SanDisk for an undisclosed amount? Apparently, the people at Toshiba Corp. heard about it too, and firmly disagree. The last thing they want to happen is Samsung buying SanDisk.
Toshiba’s corporate senior vice president Shozo Saito was quoted as saying, “We need to take preventive steps, if (SanDisk) looks like it’ll be acquired.”
Toshiba, like Samsung, already has a close relationship with SanDisk in the flash memory business, but there is a lot more at stake than just long-founded friendships. It is believed that is Samsung acquires SanDisk, there is a possibity that it would gain a monopoly in NAND flash-memory devices, components and subsystems, and that’s not a good thing.
What’s interesting is that SanDisk doesn’t seem to mind all these rumors flying around about it being acquired. Or are they just not reading the news? Perhaps if SanDisk would just speak up about the issue, Toshiba and Samsung wouldn’t have to keep “mulling” over buying it or not, and move on to negotiations, whichever one of them is chosen by SanDisk to negotiate with.
Via EE Times
Enjoyed the story? Get the news and updates as we publish them. For instant updates as we press the "Publish" button, click here to follow us on Twitter . To subscribe to RSS News Feed click here , for daily e-mail updates click here .If you liked the post, you might find these interesting too:
- Samsung considering buying memory card maker SanDisk
- Samsung offers SanDisk $26 per share, SanDisk rejects
- Toshiba Portege G450 USB modem/phone
- Toshiba Portege G710 GPS PDA phone presented in Italy
- Toshiba TG02 and TG03 appear in leaked photos
« HTC Dream-like handset with Android demoed in Google Developer DayNokia Media Network gains European media giants in roster »