SanDisk to buy flash maker Fusion-io for $1.1B
From CNET: SanDisk has signed a deal to acquire fellow flash memory maker Fusion-io, the companies said Monday.
The all-cash deal values Fusion-io at $11.25 a share, or $1.1 billion, which represents a 21 percent premium over Fusion-io's Friday closing price. Fusion-io shares are up nearly 25...