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SanDisk enters agreement to acquire flash hardware

June 16, 2014, 04:31 PM

Flash storage company SanDisk announced today that it has entered into an agreement to acquire Fusion-io. The cash deal will see the flash enterprise company bolster SanDisk's business ventures, adding flash memory and storage hardware to SanDisk's existing products. The deal was made for a reported $1.1 billion.

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