New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 23, 2014
09:02 EDTFIO, SNDKSanDisk completes acquisition of Fusion-io
SanDisk Corporation (SNDK), a global leader in flash storage solutions, today announced it has completed the previously announced acquisition of Fusion-io (FIO), a developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters. Under the terms of the agreement, SanDisk completed the acquisition for $11.25 per share for the outstanding shares of Fusion-io, and assumed unvested, in-the-money equity awards, for a total aggregate value of approximately $1.1B, net of cash assumed. SanDisk’s third quarter financial results will include the results of Fusion-io from July 23, 2014 through September 28, 2014. SanDisk expects to exclusively use non-captive memory for the Fusion-io business for at least the next several quarters.
News For SNDK;FIO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 15, 2014
10:00 EDTSNDKOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
08:14 EDTSNDKSanDisk upgraded to Buy from Hold at Summit Research
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use