Friday, September 5, 2008

Samsung courts Sandisk, promises mercy


Samsung is reportedly looking into the acquisition of SanDisk Corp. A union of two Flash memory giants sure to get the attention Toshiba (SanDisk's partner-in-NAND) and that of anti-trusters from Korea to Intel. To makes matters even more interesting, Seagate was also courting SanDisk whose stock price has plummeted from $56 to just over $13 per share since this time last year. Hey investors, sounds like an ideal premise for a bidding war to us. Then again, we only took Econ101 to sit in a room with real live girls.

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