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SanDisk is a multinational corporation based in the U.S.. The company primarily manufactures and markets Flash memory products, but they also produce MP3 players and card readers.
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
Fast Facts:
- Stock symbol: SNDK, (NASDAQ)
- Annual revenue (2007): $3.896 billion U.S.
- Founders: Eli Harari and Sanjay Mehrotra
- Year Established: 1988
- Industry: Flash Memory
- Phone: 1-408-801-1000
- Fax: 1-408-542-0503
- HQ: Milpitas, California
- President: Sanjay Mehrotra
- CEO: Eli Harari
- CFO: Judy Bruner
- Staff: 3,172
- Other key people: Eli Harari, Chairman of the Board
Key Dates
- 1988: Sandisk founded by Eli Harari, Sanjay Mehrotra and Jack Yuan with patents completed in the coming months
- 1990: Ships first product, a 4Mbit flash chip
- 1992: Profit at $22 million with 100 employees
- 1995: The company goes public
- 1998: Launches a 128Mbit flash chip
- 2000: Named as one of Fortune Magazine's fastest growing companies
- 2003: Introduces a four gigabyte CompactFlash Card
- 2006: Announces retail distribution in India




