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SanDisk to buy enterprise flash storage specialist Fusion-io for $1.1 billion

2014-06-16 16:01:00| InfoWorld: Top News

SanDisk is looking to shore up its position in the flash storage market by purchasing Fusion-io for $1.1 billion in an all-cash deal. The acquisition, which was announced Monday, is expected to close in SanDisk's third fiscal quarter.

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