SanDisk has rejected an unsolicited takeover bid from hardware maker Samsung Electronics, saying that it undervalues the Milpitas, California, maker of flash storage cards.
The key sentence is in the last paragraph. Samsung
doesn't "plan" to layoff any of Sandisk's employees...
(Where have we heard that one before, and for those with
short term memory impairment, think of HP's latest
announcement to layoff 24,600 after acquiring EDS, and
before that SUN Microsystem's 2,000 person layoff.
I see it playing out this way. Samsung acquires Sandisk.
Employees of Sandisk in Milpitas join the ever
swelling ranks of the unemployed in Silicon Valley.
Having been a cautious optimist for most of my life,
I can only hope SanDisk CEO Eli Harari decides against this
acquisition.
by Anonymous (not verified) on 9/17/08 at 5:25 pm |reply
Sidekick: The Good News & the Bad News Either way you look at it Microsoft Data Center management did not follow standards or best practices in this failure. In which case it makes me wonder more about the outsourcing of corporate data much less personal data.
- mburton325
Surviving Windows is easier than you think… MKS offers the power of an integrated all-in-one environment and provides you with the Power of UNIX on Windows Learn More
Brought to you by:
Free books
We have 5 copies of these two new books to give to some lucky readers. The deadline for entries is November 30, 2009.
AISO founders envisioned a Web hosting company that was environmentally friendly. While the company employed energy-efficient innovations like solar panels, its infrastructure produced unacceptable power and cooling requirements. Find out how AISO leveraged AMD technology to overcome their challenge in this case study white paper.
In this whitepaper, Scalar explores the opportunity to change the landscape with respect to mission critical databases
built around Oracle. Leveraging technologies such as Linux, high-end commodity processing power and Oracle RAC
technology to architect, design, build and maintain database infrastructure that delivers maximum availability, reliability
and performance at a fraction of traditional cost.
On a typical day, weather.com, the Web site for The Weather Channel in Atlanta, serves up between 15 million and 20 million page views. But in September 2004, when back-to-back hurricanes ransacked Florida, the peak traffic on one day more than tripled: over 70 million page views by more than 7 million unique visitors. Read the full success story now.
jfruh
pasmith
Esther Schindler
mikelgan
David Strom
sjvn
Sandra Henry-Stocker
Quick, practical advice for IT pros. Made fresh daily.
The key sentence is in the
The key sentence is in the last paragraph. Samsungdoesn't "plan" to layoff any of Sandisk's employees...
(Where have we heard that one before, and for those with
short term memory impairment, think of HP's latest
announcement to layoff 24,600 after acquiring EDS, and
before that SUN Microsystem's 2,000 person layoff.
I see it playing out this way. Samsung acquires Sandisk.
Employees of Sandisk in Milpitas join the ever
swelling ranks of the unemployed in Silicon Valley.
Having been a cautious optimist for most of my life,
I can only hope SanDisk CEO Eli Harari decides against this
acquisition.