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Micron Tech to acquire Lexar Media

Press Release BOISE, Idaho, and FREMONT, Calif., March 8, 2006 – Micron Technology, Inc., (NYSE: MU) and Lexar Media, Inc., (Nasdaq: LEXR) today announced that they have entered into a definitive agreement for Micron to acquire Lexar in a stock-for-stock merger. Under terms of the agreement, each outstanding common share of Lexar will receive 0.5625 shares of Micron stock. Micron anticipates issuing shares in exchange for 81.6 million Lexar shares outstanding. Additional Micron shares will be issued upon the exercise of assumed stock options. Continue Reading

SanDisk offers SD/USB combo card at 2GBs

The SanDisk Ultra II SD Plus card is now at 2GB capacity, a jump in size which doubles the older model. The card looks and operates like a typical SD card but can fold in half to expose a USB 2.0 connection for quick connect to PCs. The card is High Speed 2.0 making it an ideal card for digital cameras, camera phones, PDAs and digital video cameras. SanDisk is quoting a 9MB per second transfer rate (when stars are perfectly aligned) and read speeds of 10MB/sec. The Ultra II speed increases camera performance with quick writes to the flash memory. Expect the SanDisk Ultra II Plus card around June 06 and with a list price of $135USD. Continue Reading

SanDisk partners with Safend

The collaboration between SanDisk and Safend ensures that data stored on corporate laptops and desktop PCs can be securely transferred to SanDisk TrustedFlash(TM) devices. TrustedFlash is a highly secure technology being built into SanDisk mobile flash memory cards and USB flash drives. It combines SanDisk’s 32-bit controller architecture with an embedded high-performance cryptographic engine provided by Safend, providing real-time encryption and tamper-resistant data protection. As a secure platform that is transparent to the consumer, TrustedFlash is ideal for safeguarding information and supporting secure value-added applications. Continue Reading

SanDisk announces gaming USB drive

The SanDisk Cruzer Crossfire is especially designed for the hardcore gamer. Running from the U3 platform a player can view interactive game content, save game levels, check out previews and launch games directly from the Crossfire. With Xbox 360 already having USB ports and Sony’s PlayStation 3 and Nintendo to follow in their next console release the Cruzer Crossfire can be used in a variety of ways.

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