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SanDisk Corporation, a global leader in flash storage solutions, today announced a definitive agreement to acquire Fusion-io, a leading developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters. The acquisition will be an all-cash transaction valued at approximately $1.1 billion, net of cash assumed.
“Fusion-io will accelerate our efforts to enable the flash-transformed data center, helping companies better manage increasingly heavy data workloads at a lower total cost of ownership,” said Sanjay Mehrotra, SanDisk president and CEO. “Customers will benefit from the addition of Fusion-io’s leading PCIe solutions to SanDisk’s vertically integrated business model. We look forward to working with the world-class engineering and go-to-market teams from Fusion-io to provide high-value solutions to customers around the world.”
Under the terms of the agreement, SanDisk will commence a tender offer for all outstanding shares of Fusion-io for $11.25 per share in cash. SanDisk will fund the acquisition with cash available on its balance sheet. The transaction, which has been approved by the boards of directors of both companies, is subject to customary closing conditions, including clearance from relevant regulatory authorities and the completion of the tender offer. It is expected that the transaction will close in the third quarter of SanDisk’s fiscal 2014 and be accretive to non-GAAP earnings in the second half of SanDisk’s fiscal 2015.
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Transcend Information, Inc. (Transcend), a leading manufacturer of storage and multimedia products, today announced the launch of its SATA III 6GB/s MTS series of M.2 SSDs. Featuring high capacities of up to 512GB, ultra compact dimensions, and a next generation SATA III 6GB/s interface, Transcend's MTS400/600/800 M.2 SSDs are best suited to address the strict size limitations and high performance needs of today's advanced portable devices.
Higher Capacities
The MTS series of M.2 SSDs includes three space-saving M.2 form factors (Type 2242, 2260 and 2280) for MTS400, MTS600 and MTS800 (42/60/80mmx22mmx3.5mm). The series is designed to meet future market demands of ultra-thin and light mobile devices that require an SSD, including Ultrabooks, notebooks, tablets, portable gaming systems, and smartphones. As the needs for memory space have increased, the MTS series features outstanding storage capacity: MTS400 offering up to 256GB and MTS600/800 offering up to 512GB. The series boasts the latest SATA III 6GB/s specification, a powerful Transcend TS6500 controller, a DDR3 DRAM cache, and is comprised of high-quality MLC NAND Flash chips. With exceptional transfer speeds of up to 560MB/s read and 310MB/s write, the MTS series of M.2 SSDs can easily handle everyday computing tasks as well as demanding multimedia applications.
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Silicon Power, the world’s leading provider of memory storage solutions, presents the new collection of designed USB flash drives - USB 2.0 Touch T06 and USB 3.0 Jewel J06. Along with super-tiny drive body and eye-catching color choices, Touch T06 and Jewel J06 unleash unlimited fashion charms. Furthermore, Touch T06 and Jewel J06 are equipped with delicate curved shape and enlarged groove design, which can fully realize the needs for simple operation and easy carrying.
Different from ordinary devices, SP Touch T06 and Jewel J06 greatly minimize the dimensions and weights of the body to make themselves an extremely tiny drive for easy daily carrying. Moreover, the ergonomic shape is especially designed for better and simpler using and holding. Meticulously crafted with elegant curving finish and smooth touch, Touch T06 and Jewel J06 are the perfect storage items for extraordinary taste and style. And the use of high-density plastic housing offers complete waterproof, vibration-proof and dustproof protections. In addition, the enlarged groove at the end of the body makes it a true fashion accessory that can be easily attached to your purses, bags and key rings.
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ADATA Technology, a leading manufacturer of high-performance DRAM modules and NAND Flash application products, today launches the industrial CFast card -ISC3E, which combines the form-factor of a CF card with the high-speed SATA interface for both high reliability and secure operation, widening the application of industrial equipment.
Extremely Durable
ADATA’s ISC3E CFast is compatible with CFast 2.0 and SATA 3.1. The sequential read/write speed is up to 435/120 MB/s (MLC) and 165/170 MB/s (SLC). It is highly shock and vibration resistant, withstand extreme temperatures from -40 ºC to +85 ºC, and the MTBF is up to 2 million hours. With the features above, the ISC3E CFast is quite ideal for those industrial systems which require long-term operation. Additionally, the ISC3E operates at a low 3.3 volts, and supports DEVSLP (Device Sleep) to save more power and prolongs the operation time.
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EDGE Memory, a leading U.S.-based supplier of memory and storage upgrades, announced today the release of their EDGE Revolution 7mm Solid State Drive (SSD). This is the first of several Made in the USA Brand certified SSDs that EDGE plans to release in 2014 as part of an initiative to support U.S. made products. The EDGE Revolution SSD is made in the U.S.A. and TAA compliant, making it one of the first of its kind in the market today. This high-performing SSD i s the ideal upgrade solution for country of origin regulated business segments, as well as any corporation or user that is committed to supporting U.S. manufacturing.
"We are proud to support U.S. jobs by designing and manufacturing in our factory near Austin, Texas. While a vast majority of the competition has moved their manufacturing offshore, we have been manufacturing in the US for 27 years and counting", says Ray Agrella, VP of Sales.
