Western Digital Buying SiliconSystems for $65 Million
Western Digital Corp. (NYSE: WDC) has agreed to acquire SiliconSystems Inc., an Aliso Viejo, Calif.-based provider of solid-state drives for the embedded systems market. The deal is valued at $65 million in cash. SiliconSystems had raised around $14.5 million in VC funding, from firms like Miramar Venture Partners, Rustic Canyon Partners, Samsung Ventures, Shepherd Ventures and Sandisk Corp.
30 March 2009•3 mins read
