SanDisk Buys Schooner Information Technology

SanDisk Corp. (SNDK) Has Risen Past Resistance At The Highs

SanDisk Corp. (SNDK) Fell To A 1-Month Low After Q1 Report

SanDisk Corp. (SNDK) Is Weakening Following Q1 Report

SanDisk Profit Tops Estimate

Trade SNDK now with

6/26/2012 12:10 PM ET

SanDisk Corp. (SNDK: Quote) said Tuesday that it has acquired enterprise storage software maker Schooner Information Technology, Inc.

Terms of the deal were not disclosed

SanDisk said Schooner's products complement its growing portfolio of enterprise solid state disk and flash-optimized software offerings that enable customers to accelerate the performance of data-intensive applications and reduce overall cost of ownership.

Schooner's team of database and flash optimization experts have joined SanDisk's Enterprise Storage Solutions team. Schooner's products will be optimized for SanDisk's enterprise solid state disk portfolio as well as for enterprise solid state disks from third parties.

Click here to receive FREE breaking news email alerts for Sandisk Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 151 Articles Next>>

Editors Pick

Adobe Profit Tops Estimate

Publishing and design software maker Adobe Systems Inc. said Tuesday after the markets closed that its second quarter profit fell 66% from last year, hurt by lower revenue as well as higher costs and expenses. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations and its quarterly revenue was in line with analysts' forecast.

Stocks Show Strong Upward Move Ahead Of Fed Announcement - U.S. Commentary

Stocks showed a strong upward move over the course of the trading day on Tuesday, adding to the gains posted in the previous session. The rally came even as traders expressed some uncertainty ahead of tomorrow's Federal Reserve announcement. The major averages gave back some ground going into the close but remained firmly in positive territory.

Boehner Indicates Immigration Bill Must Have Majority GOP Support

In a potential roadblock to comprehensive immigration reform legislation, House Speaker John Boehner, R-Ohio, indicated Tuesday that he would not bring a bill to the floor unless it is supported by a majority of House Republicans.