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Samsung linked with SanDisk purchase

Microscope contributor


Samsung is being linked with SanDisk after the vendor admittedthat it is considering buying the flash memory specialist.

 

According to comment made to Reuters the vendor has not yetmade a decision but in response to the comments Samsung’s share price rose onthe Korean stock exchange.

 

Samsung is a leading force in the NAND flash chip market andpays SanDisk millions a year in licensing fees.

 

Alex Tathum, managing director at memory distributor SimmsInternational, said that SanDisk was “ripe for the picking” and it’s shares hadhalved this year and the question was who would be the suitor.

 

“I think SanDisk will be brought and it’s whether it isSamsung or Seagate, but someone will buy it,” he said.

 

He said that Samsung was probably SanDisk largest royaltypayer so it made sense for them to be considering the aqusition.

 

SanDisk operates in Europe from an office in Ireland but wasunavailable for comment.


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