M&A Deal Summary

Western Digital Acquires SanDisk

On October 21, 2015, Western Digital acquired technology hardware company SanDisk for 19.0B USD

Acquisition Highlights
  • This is Western Digital’s 5th transaction in the Technology Hardware sector.
  • This is Western Digital’s largest (disclosed) transaction.
  • This is Western Digital’s 10th transaction in the United States.
  • This is Western Digital’s 9th transaction in California.

M&A Deal Summary
Date 2015-10-21
Target SanDisk
Sector Technology Hardware
Buyer(s) Western Digital
Deal Type Add-on Acquisition
Deal Value 19.0B USD
Advisor(s) Goldman Sachs (Financial)
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target

SanDisk

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

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Buyer(S) 1

Buyer

Western Digital

San Jose, California, United States
Category Company
Founded 1970
Sector Technology Hardware
Employees53,000
Revenue 12.3B USD (2023)
DESCRIPTION
Western Digital's corporate headquarters in Irvine, California.
Western Digital's corporate headquarters in Irvine, California.

Western Digital is a developer and manufacturer of storage products that enable people to create, manage, experience and preserve digital content. The Company designs and makes storage devices, networking equipment and home entertainment products under the WD, HGST and G-Technology brands. Western Digital was formed in 1970 and is based in San Jose, California.

DEAL STATS #
Overall 11 of 15
Sector (Technology Hardware) 5 of 7
Type (Add-on Acquisition) 9 of 12
State (California) 9 of 12
Country (United States) 10 of 14
Year (2015) 2 of 2
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-16 Amplidata NV

Lochristi, Belgium

Amplidata NV is a privately-held developer of object storage software for public and private cloud data centers. Amplidata’s Himalaya software is a versatile platform for massively-scalable, secure and flexible storage services and solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-27 Niron Magnetics

Minneapolis, Minnesota, United States

Niron Magnetics is a developer of the manufacturing process for the mass production of permanent magnets powered by its breakthrough material formulation. Niron’s proprietary Clean Earth Magnet technology based on Iron nitride enables magnets that possess inherently higher magnetization and can be produced at a lower cost compared to today’s rare-earth magnets and will enable a revolution in the design of new electric motors and generators. Niron Magnetics was founded in 2014 and is based in Minneapolis, Minnesota.

Buy -
Mergr

Product

Company

Legal