Western Digital has announced it is acquiring flash memory manufacturer SanDisk in a deal worth $19 billion. Western Digital currently makes HDDs and SSDs for various PCs, laptops, and servers - but this new deal will give them better fighting power against its competition.
Both companies are run from California, with SanDisk being a long-time partner of one of WD's main rivals; Toshiba. This deal struck between WD and SanDisk will reportedly not affect the deal between SanDisk and Toshiba. There needs to be some regulatory sign-offs on the deal, but expect a full announcement sometime next year.