Feb 2, 2009 11:45 PM
SanDisk (NSDQ: SNDK) cited huge writedowns on assets and inventory charges as the reason it swung to a $1.86 billion ($8.25 per share) loss in Q4. That compares to GAAP net income of $106 million ($0.45 per share) in Q407. The revenue front also suffered at the Milpitas, Calif.-based flash…
Oct 21, 2008 7:56 PM
There falls another bigger deal: Samsung has withdrawn its proposal to acquire SanDisk…it launched a public bid for $26 per share in cash last month. The memory card maker rejected the bid right after, and it was only a matter of time before Samsung had to cave in, considering the…
Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Samsung, sandisk
Oct 20, 2008 11:49 PM
SanDisk (NSDQ: SNDK) tried to take care of a lot of different business with Monday’s earnings report and call, including announcing aggressive cost cutting, but it all came down to trying to show that the company is on the right track as it deals with an unwanted offer of $26…
Sep 21, 2008 11:00 PM
In a week that will see heavy coverage of MySpace Music when it launches, SanDisk (NSDQ: SNDK) has announced an ambitious venture to sell its microSD memory cards pre-loaded with DRM-free MP3 music from all the four majors EMI Music, *Sony* BMG, Universal Music Group, and *Warner Music Group*. The…
Posted In: Entertainment, Music, Legal, Digital Rights Management, sandisk
Sep 5, 2008 1:00 AM
Samsung Electronics is considering buying U.S. PC and mobile memory card maker SanDisk, according to a Korean online report (*Google* translation of the story here), and then later confirmed by the company. After the report came out, Samsung spokesperson said: “We are looking at various opportunities regarding SanDisk (NSDQ: SNDK),…
Posted In: Entertainment, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Samsung, Countries, Asia, Korea, sandisk
Jun 10, 2008 6:47 AM
SanDisk (NSDQ: SNDK), the maker of the Sansa line of MP3 players (a distant iPod competitor), has acquired MusicGremlin, a maker of technology to deliver music over Wi-Fi. Terms of the deal were not disclosed. Among its products: MP3 players that can access an online music store directly from any…
Posted In: Entertainment, Music, Money, M&A & Venture Capital, Mergers & Acquisitions, musicgremlin, sandisk
Jun 6, 2008 6:00 PM
Wow, that was really quick, and meanwhile, the dream of moving online video to TV continues to be just that, Youtube-on-boobtube type deals notwithstanding: Sandisk has closed down its USB PC-to-TV video device TakeTV, along with its accompanying online service Fanfare, about eight months after it announced the service, reports…
Posted In: Media & Publishing, TV, Technologies / Formats, Broadband, sandisk, taketv
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