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Computers M&A image Computers M&A » By The Online Investor Staff, updated Sun., Apr. 11, 9:45 PM Recent mergers and acquisitions in the Computers M&A category.

Slide #32. Western Digital Virident Systems, Inc.

Acquirer: Western Digital (NASDAQ:WDC)
Acquiree: Virident Systems, Inc.
Details: Western Digital, Corp. and Virident Systems, Inc. announced that they have entered into a definitive merger agreement under which Virident, a provider of server-side flash storage solutions, will be acquired by HGST, a wholly owned subsidiary of Western Digital. Virident will be acquired for approximately $685 million in cash. This represents approximately $645 million in enterprise value, net of Virident's estimated cash balance at closing.

Western Digital develops, manufactures, and provides data storage devices and solutions. Co.'s portfolio of technology and products address the following markets: Client Devices; Data Center Devices and Solutions; and Client Solutions. Co.'s Client Devices consist of hard disk drives (HDDs) and solid state drives (SSDs), flash-based embedded storage products, and flash-based memory wafers and components. Co.'s Data Center Devices and Solutions consist of enterprise HDDs, SSDs, and platforms. Co.'s Client Solutions consist of HDDs and SSDs embedded into external storage products and removable flash-based products, which include cards, universal serial bus flash drives and wireless drives.

Western Digital SEC Filing Email Alerts Service

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Company Name: 
Western Digital Corp
Stock buyback: 
WDC buyback
Number of ETFs Holding WDC: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

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Buy (3.45 out of 4)
53rd percentile
(ranked higher than approx. 53% of all stocks covered)

Analysts' Target Price:
WDC Stock Forecast

Based on Zacks ABR data;
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Computers M&A - Slide 32 of 68 Page |

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