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SanDisk

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SanDisk Corporation File:Sandisk Logo.jpg
Company typePublic (Nasdaq: SNDK)
IndustryFlash memory
Digital audio player
Founded1988
HeadquartersMilpitas, California, USA
Key people
Eli Harari, Founder, President & CEO
Sanjay Mehrotra, Founder, COO, Executive Vice President
Jack Yuan, Founder
ProductsFlash memory cards
USB flash drives
Digital Audio Players
Number of employees
1083 (2006)
Websitewww.SanDisk.com

SanDisk Corporation (Nasdaq: SNDK), formerly SunDisk, is an American multinational corporation which designs and markets flash memory card products. SanDisk was founded in 1988 by Eli Harari and Sanjay Mehrotra, a non-volatile memory technology expert. SanDisk became a publicly traded company on NASDAQ in November 1995. SanDisk produces many different types of flash memory, including various memory cards and a series of USB removable drives. SanDisk markets to both the high and low-end quality flash memory.

The company is headquartered in Milpitas, California, with offices and manufacturing facilities worldwide such as its European headquarters in Dublin, Republic of Ireland.

Financial information

SanDisk is publicly traded on the NASDAQ. Its market capitalization is about US$ 13 billion.

SanDisk is a component of the GSTI Semiconductor Index

Acquisitions

Products

FlashCP

FlashCP is a digital rights management technology for the storage of electronic materials (e.g. e-books) on portable devices. FlashCP is targeted primarily at students and allows transportation of copyrighted material while enforcing copy restrictions against the user. SanDisk acquired the technology in 2005 with the purchase of Israel-based MDRM.

Currently, SanDisk manufactures one drive that uses the FlashCP technology, called the Freedom Drive, which is part of the Cruzer line. Additionally, digital content can be downloaded to Cruzer Freedom from the SanDisk Plaza, a fast growing online store offering digital books, music, games, and education tools. Prices for on line products vary. Many selections are free. Once downloaded, the digital content may be used online and offline.

SanDisk boasts some of the smallest memory chips available to the general public. For example, their 2GB MicroSD card is smaller than a baby's fingernail.

SanDisk Products[2]
A SanDisk Cruzer Titanium USB flash drive, its case opened to reveal a Samsung flash memory chip.
File:Sandisk ExtremeIII 2GB.jpg
A SanDisk Extreme III CompactFlash 3.0 card with a transfer rate of approx. 20 MB/s.

As of January 2007, the complete Sansa line consists of the following:

MP3 license dispute

On September 4 2006 at the IFA show in Berlin, Germany authorities seized all MP3 players that were in SanDisk's booth since Italian patent company Sisvel had won an injunction against it regarding the MP3 format.[3] Sisvel, who had previously filed a separate lawsuit in Mannheim, claims that SanDisk uses the MP3 format without paying the required licensing fee. On September 8, 2006, a Berlin court overturned the injunction and SanDisk put the players back on display.[4]

On March 16 2007 SanDisk issued a press release announcing they had reached agreement and now acquired licences for all current and future MP3 applications. [5]

See also

Competitors

References

  1. ^ "SanDisk To Buy msystems". TheStreet.com. 2006-07-31. Retrieved 2006-08-21. {{cite news}}: External link in |work= (help)
  2. ^ "SanDisk Innovation Timeline". SanDisk.com. Retrieved 2006-08-21. {{cite web}}: External link in |work= (help)
  3. ^ "SanDisk faces MP3 licence dispute". BBC News. 2006-09-04. Retrieved 2006-09-08.
  4. ^ "MP3 player court order overturned". BBC News. 2006-09-08. Retrieved 2006-09-08.
  5. ^ "SISVEL and Audio MPEG Grant SanDisk an MPEG Audio Patents License". SanDisk. 2007-03-16. Retrieved 2007-03-18.
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