Wed, Apr 16, 2014, 1:02 PM EDT - U.S. Markets close in 2 hrs 58 mins

Recent

% | $
Quotes you view appear here for quick access.

OCZ Technology Group, Inc. Message Board

  • networthdev networthdev Jul 4, 2013 11:43 AM Flag

    SanDisk buys Smart Storage (SSD) for $307 MILLION

    AND......they only have $100 million in revenue.

    Google article title, if interested, "SanDisk acquires Smart Storage Systems for $307 million"

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • PS multiple is a bargin, someone will pick this up, and looks like the players are maneuvering/consolidating for segment control.

    • WDC buying STEC will put them at having a 11.9% share of the high margin Enterprise SSD market, which is just behind #1 INTC with 18.1% and #2 FIO.with 13.6%.

      SNDK buying Smart Storage will put them at having a 8.1% share of the high margin Enterprise SSD market.and will put them just behind Samsung, who is the 4th biggest player.

      FIO has a quite nice cash position (3.61/share), so given their market share and net of cash a desirable acquisition.

    • icaser@sbcglobal.net icaser Jul 5, 2013 10:55 AM Flag

      The Register says SSD consolidation speeds up;
      Supplier consolidation in the SSD market is accelerating and it now looks likely to the storage desk at Vulture Central that Seagate might feel impelled to strengthen its SSD credentials by buying an existing SSD supplier too. (Shh... no one mention OCZ). Stifel Nicolaus analyst Aaron Rakers wonders whether Fusion-io is now a likely target for enterprise flash device consolidation efforts.
      It is expected that the acquisition will close in August.

 
OCZ
0.05-0.01(-15.25%)Dec 26 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.