Sunday, February 14, 2016

EU clears Western Digital acquisition of SanDisk



The European Commission same on weekday it had cleared Western Digital's planned acquisition of SanDisk once terminal that the takeover wouldn't hurt competition within the information storage market in Europe.

In October, Western Digital in agreement to shop for SanDisk in an exceedingly $19 billion deal which will increase its ability to form nonvolatile storage storage chips employed in smartphones and tablets.

"I am happy that we've got been able to make sure that this multi-billion dollar deal in an exceedingly fast-developing trade will plow ahead directly," Commissioner Margrethe Vestager, accountable of competition policy, same in an exceedingly statement.

No comments:

Post a Comment