M&A Deal Summary

SanDisk Acquires msystems

On November 19, 2006, SanDisk acquired technology hardware company msystems for 1.5B USD

Acquisition Highlights
  • This is SanDisk’s 1st transaction in the Technology Hardware sector.
  • This is SanDisk’s largest (disclosed) transaction.
  • This is SanDisk’s 2nd transaction in the United States.

M&A Deal Summary

Date 2006-11-19
Target msystems
Sector Technology Hardware
Buyer(s) SanDisk
Deal Type Add-on Acquisition
Deal Value 1.5B USD

Target

msystems

United States
msystems has been transforming raw flash into smarter storage solutions since 1989. From embedded flash drives deployed in millions of mobile handsets to U3 USB smart drives designed for leading global brands, msystems creates, develops, manufactures and markets smart personal storage solutions for a myriad of applications targeting high growth markets.

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Buyer(S) 1

Buyer

SanDisk

Milpitas, California, United States

Category Company
Founded 1988
Sector Technology Hardware
Employees5,459
Revenue 6.6B USD (2014)
DESCRIPTION

SanDisk Corporation is an American multinational corporation that designs, develops and manufactures flash memory storage solutions and software.


DEAL STATS #
Overall 2 of 7
Sector (Technology Hardware) 1 of 4
Type (Add-on Acquisition) 2 of 7
Country (United States) 2 of 7
Year (2006) 2 of 2
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-17 Matrix Semiconductor

Santa Clara, California, United States

Matrix Semiconductor, Inc. is the creator and developer of the world's first three-dimensional integrated circuits. Matrix's first product, Matrix® 3-D Memory (3DM), is a low cost, high density line of permanent, programmable, non-volatile memory that is compatible with existing standards. Matrix 3-D Memory accelerates time-to-market for publishers of digital content and is targeted for use in portable consumer electronic devices.

Buy $14M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-16 Pliant Technology

Milpitas, California, United States

Pliant Technology's Enterprise Flash Drives (EFDs) are a new class of solid-state storage devices that integrate seamlessly into enterprise information systems and dramatically improve performance, reliability, energy efficiency, and TCO. Pliant's Lightning EFD family delivers breakthrough improvements over today's highest performing hard drive and SSD storage solutions for a range of data I/O intensive enterprise applications. Pliant Technology has approximately 80 employees and is based in Milpitas, California.

Buy $327M