SanDisk has announced the largest-capacity SD card ever. The SanDisk Extreme PRO SDXC UHS-I memory card was revealed at the International Broadcasting Convention in Amsterdam.
Today SanDisk Corporation (NASDAQ:SNDK) announced today that it will be acquiring Fusion-IO, Inc. (NYSE:FIO) for $1.1 billion in an all-cash deal that values Fusion-io at $11.25 per share. SanDisk and Fusion-io both focus on the flash business. The deal represents a 21% premium over Fusion-io’s Friday closing price.
SanDisk has announced that they will soon start selling 128GB Ultra microSDXC cards. The announcement was made at Mobile World Congress. The problem is that firmware and operating systems on older devices may restrict the full 128GB partition, but newer devices should be able to handle it. The card is Class 10 rated. This means that it is certified for HD video recording.
Magisto is a social video service that has raised $13 million in funding. Magisto built an app that allows users to create interest videos that are stored on various devices. The investors in this round include Qualcomm Ventures and SanDisk. Existing investors Magma Venture Partner and Horizons Ventures also participated in this round.
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Yesterday we reported that the SanDisk Extreme USB 3.0 was one of the fastest and most affordable flash drives. Today we would like to report that SanDisk recently revealed the Extreme microSDXC memory chip. The Extreme microSDXC offers up to 64GB of mobile storage with transfer rates that are up to 80 MB/second. The new memory cards are intended for smartphones and cameras that want to shoot Full HD video. The Extreme microSDXC can read at up to 80 MB/second and can write up to 50 MB/second.
The Wirecutter has named the SanDisk Extreme USB 3.0 flash drives as one of the fastest flash drives available on the market. The crown used to be held by the Patriot Supersonic. The SanDisk Extreme reads files at 230MB per second and writes at around 200MB per second, which is more than twice the speed of the Patriot.
SanDisk Corporation has acquired SMART Storage Systems for $307 million. Smart Storage Systems is known for being a leader in designing current and next-generation sold-state storage products. Smart Storage Systems also has expertise in flash and enterprise storage technology.
Flash memory storage company SanDisk Corporation (NASDAQ: SNDK) has announced that they have invested in Panzura. The investment was made through SanDisk’s venture capital arm SanDisk Ventures. Panzura is known for being a provider of flash-based network attached storage (NAS) solutions for enterprise companies.
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