Computers M&A » By The Online Investor Staff, updated Tue., Apr. 13, 10:19 AM
Recent mergers and acquisitions in the Computers M&A category.
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Slide #39. Western Digital — VeloBit
Acquirer:
Western Digital (NASDAQ:WDC)
Acquiree:
VeloBit
Details:
Western Digital Corporation (NASDAQ: WDC) has acquired privately held VeloBit, a provider of high-performance storage I/O optimization software. VeloBit will be fully integrated into HGST, a wholly owned subsidiary of Western Digital. Headquartered in Lincoln, MA, VeloBit enhances storage system performance with its software technology by adding a transparent acceleration layer utilizing solid state drives (SSDs). Financial terms of the transaction were not disclosed.
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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Avg. Broker Rec.
 
|
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; powered by Xignite |
