WD Enters SSD Market with Acquisition Of SiliconSystem

31.03.2009
Western Digital announced that it has completed a US$65 million cash acquisition of SiliconSystem, a supplier of solid-state drives for the embedded systems market.

Since its inception in 2002, SiliconSystems has sold SiliconDriveproducts to markets that reportedly accounted for approximately one third of worldwide solid-state drive revenues in 2008. 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. SiliconSystems has developed extensive intellectual property to address the stringent embedded systems market requirements to ensure data integrity, eliminate unscheduled downtime, protect application data and software and provide for data security and protection through its patented and patent-pending PowerArmor, SiSMART, SolidStor and SiSecure technologies.

"We are delighted to have the SiliconSystems team join WD," said John Coyne, president and CEO of WD. "The combination will be modestly accretive to revenue and margins as a result of SiliconSystems' existing position as a trusted supplier to the well-established $400 million market for embedded solid-state drives. SiliconSystems' intellectual property and technical expertise will significantly accelerate WD's solid-state drive development programs for the netbook, client and enterprise markets, providing greater choice for our customers to satisfy all their storage requirements."