Anyone else feel like companies are buying up other companies left and right? Well, Toshiba has just announced that they bought 30% of the production capacity of SanDisk's NAND flash memory. And the price tag? $1 billion!
Initially, Toshiba wanted to buy out SanDisk. Samsung made a bid as well. But now with Toshiba's input, SanDisk will be able to make flash memory faster and cheaper.