WD buys into SSD market

[unacceptable_risk]

Western Digital purchased Silicon Systems for $65mil to adding the company into the SSD market.

We are delighted to have the SiliconSystems team join WD," said John Coyne, president and CEO of WD. "The combination will be modestly accretive to revenue and margins as a result of SiliconSystems' existing position as a trusted supplier to the well-established $400 million market for embedded solid-state drives. SiliconSystems' intellectual property and technical expertise will significantly accelerate WD's solid-state drive development programs for the netbook, client and enterprise markets, providing greater choice for our customers to satisfy all their storage requirements."

Integration into WD begins immediately, with SiliconSystems now becoming known as the WD Solid-State Storage business unit, complementing WD's existing Branded Products, Client Storage, Consumer Storage and Enterprise Storage business units

From
http://www.wdc.com/en/company/releas...-7a6abc20fb5a}

[WackyComputer]

About time. Sheesh, what took them so long?