Wednesday, February 15, 2012

SanDisk Buys FlashSoft

Milpitas-based SanDisk, the maker of flash memory, said this morning that it has acquired FlashSoft, a provider of caching software for the solid state disk drive (SSD) market. Financial terms of the buy were not disclosed. SanDisk said it will sell FlashSoft's products standlone, as well as part of its products. FlashSoft was venture backed by Thomvest International, and had raised only $3M in funding back in June of last year.