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SanDisk To Acquire SSD Maker Pliant

SanDisk has agreed to acquire Pliant Technology, a manufacturer of solid-state drives (SSDs), for $ 327 million, which signifies a significant shift to the enterprise space for the flash-memory maker. While SanDisk has been primarily known for its storage cards and flash drives sold at retail stores, the company has benefited from sales of its memory chips for smartphones, tablets, and digital music players. Now SanDisk takes on a crowded, yet growing SSD market with established companies like Intel, Seagate, Samsung (whose SSD business was acquired by Seagate), and Hitachi.
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