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- SanDisk valued at $3.2 billionThe New York Times: Samsung Considers Deal for SanDisk
- SanDisk shares rose 30% after announcementBloomberg.com: SanDisk Shares Surge as Samsung Considers Acquisition
- Samsung shares rose 3%The New York Times: Samsung Considers Deal for SanDisk
- SanDisk did not comment on the situation
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In September of 2008, Samsung announced that they were considering buying SanDisk, a company that produces flash memory cards. SanDisk rejected an offer to sell the company for $26 per share, or $5.8 billion, saying it was too low.The Tech Beat: Samsung Goes Hostile in Bid For... SanDisk A deal between the two could mean trouble for Samsung competitor and SanDisk partner Toshiba.The New York Times: Samsung Considers Deal for SanDisk
Samsung went public with a hostile bid for SanDisk on September 16, 2008, after four months of failed negotiations.VentureBeat: Samsung makes a hostile $5.8 billion offer for SanDisk SanDisk is in negotiations to avoid the takeover by making a strategic deal with Toshiba.VentureBeat: Updated: SanDisk may escape Samsung hostile takeover through a deal with Toshiba
Samsung SanDisk Quotes
"SanDisk periodically has conversations with multiple parties, including Samsung, regarding a variety of potential business opportunities. We evaluate all of these opportunities, but maintain a policy of not commenting on market rumors or speculation."—SanDiskBloomberg.com: SanDisk Shares Surge as Samsung Considers Acquisition"We are looking at various opportunities regarding SanDisk, but nothing has been decided yet."—James Chung, Samsung spokesmanThe New York Times: Samsung Considers Deal for SanDisk
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Samsung Sandisk Questions
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How can I tell if Samsung Delve is charging? Im getting an expanding gray bar at the bottom. Shouldnt there be a battery icon? 1 AnswerThe Charge and Sync Cradle for the Samsung Instinct/Delve is equipped with an LED indicator light that displays the charging status of your phone and spare batt... read more -
Where can I find a users guide for Samsung SGH-A736? 1 AnswerHere is the Samsung A736 Digital User Guide: http://pages.samsung.com/ca/mobileinteractive/Sim_Wireless_EN.jsp?flashSimShow=Sim_A736_EN I found it from Samsung... read more -
Can I make The Samsung Instinct usable for Verizon? 1 AnswerSadly you can't make it work with Verizon. Sprint operates a network with CDMA (Code division multiple access) technology and Verizon use GSM (Global System for... read more
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