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Western Digital Acquires Stec to Solidify Enterprise SSD Business

Maximum PC: There will always be those who doubt or remain skeptical of the long-term reliability of solid state drives (SSDs), but at this stage of the game, they're generally viewed as a viable storage medium, even among enterprise clients. Hence Western Digital felt compelled to spend approximately $340 million in cash ($6.85 per share) acquiring Stec, a Santa Ana firm that specialize in flash memory-based solutions and the first vendor to develop SSDs for large-scale enterprise storage.

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