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Western Digital Corp To Buy Flash Storage Company Virident-Reuters


Monday, 9 Sep 2013 08:00am EDT 

Reuters reported that Western Digital Corp would buy Virident Systems Inc, a maker of flash memory for servers, for $685 million in cash. Western Digital has been trying to expand its presence in the solid state, or flash storage, market with its recent acquisitions. The acquisition is expected to close in the fourth quarter of calendar year 2013. 

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29 Aug 2014