Seagate Technologies, the world’s top maker of hard disk drives (HDDs) and a company that is especially skeptical about solid-state drives (SSDs), may be looking forward to take over flash-based devices maker SanDisk, according to market rumours.
The unofficial information, based on which Seagate is interested in buying all or part of SanDisk Corp., was spread at the Flash Memory Summit in Santa Clara, California, reports EETimes web-site. SanDisk is a platinum sponsor of the summit, whereas Seagate Technology does not participate.
Earlier this year rumours transpired that Seagate was interested in acquiring a stake in IM Flash company, a joint venture between Intel Corp. and Micron; in addition, Seagate is rumoured to be interested in flash memory manufacturing capacities of Hynix Semiconductor, which recently announced shut down of its facility in Eugene, Oregon.
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