SanDisk acquires Fusion-io for $1.1 billion to boost enterprise efforts

By Shawn Knight
Jun 16, 2014
Post New Reply
  1. SanDisk on Monday announced intentions to purchase Fusion-io Inc. for $1.1 billion in cash, agreeing to pay $11.25 per share for all shares outstanding - a premium of 21 percent over Friday's closing price. The company will fund the purchase...

    Read more
  2. VitalyT

    VitalyT Russ-Puss Posts: 2,917   +1,176

    Fusion IO has been a terribly overpriced SSD manufacturer for enterprise .

    A PCI-Express card with 10TB of space and 6GB per second access is very nice, but charging $125,000 for it is just totally insane. I don't even know how they have survived this far.

    With their poor vision of future they managed to slide from pioneers of SSD-s to the dinosaurs of the SSD market. A-man!
    Last edited: Jun 16, 2014

Similar Topics

Create an account or login to comment

You need to be a member in order to leave a comment
TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...

Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.