SanDisk Acquires Pliant Technology for $327,000,000

  • Feed Type
  • Date
    5/16/2011
  • Company Name
    Pliant Technology
  • Mailing Address
    630 Alder Drive Milpitas, CA 95035
  • Company Description
    Pliant Technology is developing Enterprise Flash Drives (EFD’s), a new class of solid state storage devices, that integrate seamlessly into enterprise information systems and dramatically improve performance, reliability, energy efficiency, and TCO.
  • Website
    http://www.plianttechnology.com
  • Transaction Type
    M&A
  • Transaction Amount
    $327,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    SanDisk will pay approximately $327 million in cash and provide certain equity-based incentives.