Western Digital has completed a USD $65 million cash acquisition of leading solid-state drives supplier, SiliconSystems.
SiliconSystems’ product portfolio includes solid-state drives with SATA, EIDE, PC Card, USB and CF interfaces in 2.5-inch, 1.8-inch, CF and other form factors.
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NAND flash revenue in two key applications – Solid State Drives (SSDs) and Video Capture from Digital Video Cameras (DVCs) – will see compound annual growth rates (CAGR) of over 100 per cent through 2012, according to In-Stat.
The analysts said this will overcome some of the weaknesses in other segments of the NAND flash market and drive overall growth to 30 per cent CAGR.