Global semiconductor companies are competing to acquire SanDisk, Samsung tried acquiring it back in 2008 but withdrew its offer, this time around the Korean company is going to weigh its options before it decides whether or not it wants to bid for the US flash memory maker. SanDisk has reportedly selected an investment back to line up the disposal of its assets with Micron Technology, Tsinghua Unigroup and Western Digital believed to be interested in the acquisition. Samsung is also believed to be a possible candidate but according to reports the company has concluded that this deal won't generate any significant profits.
Apparently this acquisition isn't going to create much synergy for Samsung, which already accounts for 40% of the world's solid state drive market. SanDisk also faces tough competition in memory card and built-in memory markets because Universal Flash Storage is rapidly being adopted, this new standard performs better than eMMC cards, and Samsung is a market leader in UFS. Back in 2008 Samsung bid $5.85 billion for SanDisk, the company adjusted the price it was offering after SanDisk's share price fell rapidly but the revised offer was not acceptable hence no deal was reached. Considering the aforementioned factors it appears that Samsung will continue to weigh its options and wait till the very end before it decides to once again make a bid for SanDisk.
