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KLA and Lam and Western Digital and SanDisk in $30 B Deals

2015-10-22 20:32:01| Paper - Topix.net

Western Digital agreed to acquire SanDisk for $19 billion. Abbott net jumped 8%.

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Digital Measuring Projector closes quality assurance process gap.

2015-10-22 14:31:06| Industrial Newsroom - All News for Today

With integrated automation during measurement program generation and measurement itself, ZEISS O-SELECT accelerates reproducible 2D measurement completion. This optical measuring system compares existing programs with current workpiece and opens appropriate program. After operator places workpiece in measuring field and launches program, camera captures contours and analyzes and documents characteristics in ZEISS PiWeb quality data management software. Results are ISO-compliant and traceable.

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Western Digital Acquires SanDisk for $19B

2015-10-22 04:02:23| PC Magazine Storage Devices Product Guide

The companies' complementary product lines together set a foundation for a broader array of programs.

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Western Digital to buy SanDisk, experts eviscerate WDs encrypted hard drives

2015-10-21 20:09:26| Extremetech

Western Digital announced it intended to buy SanDisk for some $19 billion, but the news is overshadowed by massive problems with its encrypted hard drives.

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Western Digital to buy SanDisk for USD 19 billion

2015-10-21 14:54:00| Telecompaper Headlines

(Telecompaper) Western Digital is expanding in the storage market with the acquisition of memory card maker SanDisk for USD 19 billion. The company agreed to buy SanDisk for USD 86.50 per share in a combination of cash and WD shares. Western Digital said the takeover will double its addressable market and expand its position in higher-growth segments. The combination also enables Western Digital to vertically integrate into NAND, giving it long-term access to solid state technology at lower cost. The company said it would maintain SanDisk's manufacturing joint venture with Toshiba after the takeover. The company expects to achieve annual synergies of USD 500 million from integrating SanDisk, within 18 months of closing the takeover, and the deal should add to EPS, excluding one-time costs, within 12 months. To help finance the acquisition, Western Digital is suspending its share buyback program and has agreed USD 18.4 billion in fresh debt. SanDisk's board supports the takeover, while its shareholders will have the final say. Pending shareholder and regulatory approval, the takeover is expected to close in Q3 2016. 

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