SanDisk Corporation, a global leader in flash storage solutions, and Super Micro Computer, Inc., today announced that the SanDisk ULLtraDIMM solid state drive (SSD), the industry's first enterprise-class, ultra-low latency, memory-channel connected storage solution, will begin shipping in Supermicro's Green SuperServer and SuperStorage platforms. Adding flash storage on the memory bus provides Supermicro with a powerful solution to help customers address growing data center application performance requirements without a significant infrastructure investment.

"The ULLtraDIMM SSD was designed to expand the reach of flash storage throughout the data center and scale to meet the requirements of any enterprise application - no matter how bandwidth or capacity intensive," said John Scaramuzzo, senior vice president and general manager, Enterprise Storage Solutions at SanDisk. "We are very excited to partner with Supermicro in offering this innovative, ultra-low latency storage solution to help their customers accelerate the performance of their cloud, virtualization, HPC and other applications and experience the benefits of a flash-transformed data center."

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced it has completed the previously announced acquisition of Fusion-io, a leading developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters. "I am delighted to welcome the employees of Fusion-io to SanDisk. The tremendous engineering and go-to-market talent of the Fusion-io team will accelerate our efforts to enable the flash-transformed data center," said Sanjay Mehrotra, president and chief executive officer of SanDisk. "Together we will offer our customers the broadest set of enterprise flash solutions in the industry."

Under the terms of the agreement, SanDisk completed the acquisition for $11.25 per share for the outstanding shares of Fusion-io, and assumed unvested, in-the-money equity awards, for a total aggregate value of approximately $1.1 billion, net of cash assumed. SanDisk's third quarter financial results will include the results of Fusion-io from July 23, 2014 through September 28, 2014. SanDisk expects to exclusively use non-captive memory for the Fusion-io business for at least the next several quarters.

SanDisk Corporation, a global leader in flash storage solutions, today announced results for the second quarter ended June 29, 2014. Second quarter revenue of $1.63 billion increased 11 percent on a year-over-year basis and increased 8 percent sequentially.

On a GAAP basis, second quarter net income was $274 million, or $1.14 per share, compared to net income of $262 million, or $1.06 per share, in the second quarter of fiscal 2013 and $269 million, or $1.14 per share, in the first quarter of fiscal 2014.

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced a definitive agreement to acquire Fusion-io (NYSE: FIO), a leading developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters. The acquisition will be an all-cash transaction valued at approximately $1.1 billion, net of cash assumed.

"Fusion-io will accelerate our efforts to enable the flash-transformed data center, helping companies better manage increasingly heavy data workloads at a lower total cost of ownership," said Sanjay Mehrotra, SanDisk president and CEO. "Customers will benefit from the addition of Fusion-io's leading PCIe solutions to SanDisk's vertically integrated business model. We look forward to working with the world-class engineering and go-to-market teams from Fusion-io to provide high-value solutions to customers around the world."

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced the availability of its new SanDisk Extreme PRO SSD-a drive designed for gamers, PC enthusiasts and media professionals who demand the highest possible consistent, real-world performance. With sequential read speeds of 550 megabytes/second (MB/S) and write speeds of up to 520 MB/s, the SanDisk Extreme PRO loads and runs graphics-intensive applications and game levels in a heartbeat. Additionally, by offering up to 1TB-Class of capacity, the SanDisk Extreme PRO SSD provides the space needed to store even the biggest programs, games or files, and load them blazingly fast-transforming any PC or console into a serious gaming machine.

"Building off the success of our award-winning SanDisk Extreme II, the new SanDisk Extreme PRO leverages the latest developments in our innovative nCache Pro Technology to enable 24x7, real-world drive performance and responsiveness," said Kevin Conley, senior vice president and general manager, Client Storage Solutions at SanDisk. "With its ability to deliver consistently fast computing backed by the industry's first 10-year limited warranty**, the Extreme PRO SSD delivers the performance, trusted reliability and value that enthusiasts and professionals expect from SanDisk."

SanDisk Corporation, a global leader in flash storage solutions, today announced the iNAND Standard embedded flash drive (EFD), an ideal storage solution for entry-level tablets and smartphones in China and other high-growth markets. The new 1Y nanometer 3-bit-per-cell (X3) NAND flash storage solution enables original equipment manufacturers (OEMs) to quickly introduce new, affordable tablets and smartphones with the reliable performance of SanDisk storage.

"China is the most dynamic smartphone and tablet market today, with state-of-the-art high-end smartphones and new powerful, but affordable, 'entry-level' devices," said Mr. Drew Henry, senior vice president and general manager, Mobile and Connected Solutions, SanDisk. "We leveraged our flash technology expertise to specifically design our new iNAND Standard for the high-volume China budget mobile device market. Because we work closely with mobile systems providers, it offers near plug-and-play capability that enables OEMs to rapidly introduce highly capable entry-level tablets and smartphones that are optimal for the China mass market."

Intermolecular, Inc. - accelerating research and development for semiconductor and clean energy industries - today announced that SanDisk and Toshiba have jointly elected to take an exclusive license, in a limited field, to Intermolecular's rights in the intellectual property developed under the collaborative development program (CDP) and Intermolecular's background intellectual property thereto. The related technologies have been developed for next-generation memory.

The companies' CDP with Intermolecular, specifically aimed at developing certain memory products, materials, processes and device technologies, was concluded on March 15, 2014. Under the terms of the exclusive license, SanDisk and Toshiba will prepay non-refundable royalties in quarterly installments over a predetermined period.

SanDisk Corporation, a global leader in flash storage solutions, today announced the availability of the company's first, self-encrypting solid state drive (SSD) - the SanDisk X300s SSD. Leveraging TCG Opal 2.0 and Microsoft Encrypted Hard Drive hardware-based encryption, coupled with a new SSD administration dashboard for easier audit and compliance management, the new X300s SSD delivers maximum data protection and performance to help address IT decision makers' top data management and security challenges. In making today's announcement, SanDisk also unveiled a broad ecosystem of independent software vendors (ISV) that enables enhanced security scalability of the X300s SSD.

SanDisk Corporation, a global leader in flash storage solutions, today announced the Optimus MAX Serial Attached SCSI (SAS) solid state drive (SSD), the industry's first 4 TB SAS SSD. The Optimus MAX SSD achieves a capacity point that far outpaces today's highest-capacity 2.5" 10K and 15K rpm SAS hard-disk drives (HDDs), making it the first true replacement for legacy mission-critical data center SAS HDDs. Most notably, the Optimus MAX SSD delivers SAS performance and functionality at a breakthrough price point that was previously only available in SATA-based SSDs.

The Optimus MAX SSD tops the newly refreshed Optimus SAS SSD family and also joins the company's newly announced Lightning Gen. II 12 Gb/s SAS SSDs, extending SanDisk's entire SAS portfolio to cover the performance, capacity and endurance needs of a wide array of enterprise applications.

SanDisk Corporation, a global leader in flash storage solutions, today announced the Lightning Gen. II family of enterprise-class 12 Gb/s Serial Attached SCSI (SAS) solid state drives (SSDs). The Lightning Gen. II 12 Gb/s SAS SSDs, together with the newly announced Optimus MAX 4 TB SAS SSD and updated Optimus SSD product family, help businesses meet the performance, uptime and capacity requirements across the wide range of mixed-use, read- and write-intensive application workloads common in today's data centers.

"Business data needs are becoming so performance-intensive that even applications that are already using SSDs need an additional boost," said John Scaramuzzo, Senior Vice President and General Manager, Enterprise Storage Solutions at SanDisk. "The Lightning Gen. II SAS SSDs deliver double the throughput to each slot, empowering organizations to quickly and easily scale their performance infrastructure to meet this growing need."

SanDisk Corporation, a global leader in flash storage solutions, today announced the availability of its 1Z-nanometer (nm) technology, the most advanced NAND flash process node in the world. The 15 nm technology will ramp on both two bits-per-cell (X2) and three bits-per-cell (X3) NAND flash memory architectures with production ramp to begin in the second half of 2014.

"We are thrilled to continue our technology leadership with the industry's most advanced flash memory process node, enabling us to deliver the world's smallest and most cost effective 128 gigabit chips," said Dr. Siva Sivaram, senior vice president, memory technology, SanDisk. "We are delighted that these new chips will allow us to further differentiate and expand our portfolio of NAND flash solutions."

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced that the Board of Directors has declared a second quarter 2014 cash dividend of 22.5 cents per share on the company's common stock. The dividend will be payable on May 27, 2014 to stockholders of record at the close of business on May 5, 2014. Future dividends will be subject to approval by SanDisk's Board of Directors.

SanDisk Corporation, a Fortune 500 and S&P 500 company, is a global leader in flash storage solutions. For more than 25 years, SanDisk has expanded the possibilities of storage, providing trusted and innovative products that have transformed the electronics industry. Today, SanDisk's quality, state-of-the-art solutions are at the heart of many of the world's largest data centers, and embedded in advanced smart phones, tablets and PCs. SanDisk's consumer products are available at hundreds of thousands of retail stores worldwide.

SanDisk Corporation, a global leader in flash storage solutions, today announced results for the first quarter ended March 30, 2014. First quarter revenue of $1.51 billion increased 13 percent on a year-over-year basis and decreased 12 percent sequentially.

On a GAAP basis, first quarter net income was $269 million, or $1.14 per diluted share, compared to net income of $166 million, or $0.68 per diluted share, in the first quarter of fiscal 2013 and $338 million, or $1.45 per diluted share, in the fourth quarter of fiscal 2013.

SanDisk Corporation, a global leader in flash storage solutions, today announced four new additions to its CloudSpeed Serial ATA (SATA) product family: the CloudSpeed Extreme, CloudSpeed Ultra, CloudSpeed Ascend and CloudSpeed Eco Solid State Drives (SSDs).

The new CloudSpeed SSDs are designed to deliver business-critical performance for the mixed-use, read and write-intensive application workloads that have become increasingly prominent in today's enterprise data centers and cloud computing environments. By combining its flash management Guardian Technology Platform with industry-leading memory technology, SanDisk becomes the first vendor to ship 10 full drive writes per day (DWPD), 19 nm-based enterprise SATA SSDs. The CloudSpeed products thus provide customers with longer-lasting drive operation at a better value. The announcement was made at the Interop and Cloud Connect IT Conference and Expo taking place March 31-April 3 in Las Vegas, Nevada.

SanDisk Corporation (NASDAQ:SNDK), a global leader in flash storage solutions, today announced that the company's common stock will be included in the NASDAQ Technology Dividend Index (Nasdaq:NQ96DIVUS), effective prior to market open on March 24, 2014. The NASDAQ Technology Dividend Index, which is evaluated on a semi-annual basis, includes up to 100 technology and telecommunications companies that pay a regular or common dividend.

"Inclusion in the NASDAQ Technology Dividend Index recognizes our commitment to total shareholder return," said Judy Bruner, executive vice president, administration and chief financial officer of SanDisk. "We are pleased to join this group of prominent dividend-paying technology companies." SanDisk initiated its quarterly cash dividend program in the third quarter of 2013.

SanDisk Corporation, a global leader in flash storage solutions, today announced that it has filed a civil lawsuit against Korea's SK Hynix, Inc., SK Hynix America and related entities in Santa Clara Superior Court. The lawsuit seeks damages, an injunction and other remedies against Hynix for trade secret misappropriation under California's Uniform Trade Secret Act. Additionally, SanDisk has submitted a criminal complaint with the Tokyo Metropolitan Police Department against a former employee.

These actions relate to the theft of trade secrets related to NAND flash technology by a former engineer of SanDisk who left the company in 2008 to work for SK Hynix. This engineer is alleged to have illegally taken SanDisk's proprietary technical information and to have subsequently provided it to SK Hynix. Tokyo Metropolitan Police today announced the arrest of the former employee, who worked at SanDisk's joint venture manufacturing facility in Yokkaichi, Japan. SanDisk has been and continues to cooperate with law enforcement in their investigation.

SanDisk Corporation, a global leader in flash storage solutions, today announced the new 128GB2 SanDisk Ultra microSDXC UHS-I memory card, the world's largest capacity microSD card. Smaller than the size of a fingernail, the new SanDisk Ultra microSDXC card enables consumers to use their phones and tablets as if storage limitations were never a concern, allowing users to capture thousands of songs and photos, and hours of video on a single, removable card.

"SanDisk's high-performance 128GB SanDisk Ultra microSDXC memory card will reshape the way users interact with their devices," said Stuart Robinson, director, Handset Component Technologies, Strategy Analytics. "Until now, consumers had to spread out their content between multiple products because the memory on those devices was not able to hold enough data in one place. This 128GB microSD card is going to be popular as the preferred removable storage option, giving users fast, secure and reliable access to their personal data archives."

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced the SanDisk Extreme PRO SDHC/SDXC UHS-II card. It is the world's fastest SD memory card, and is based on the latest high performance SD specification. The new SanDisk Extreme PRO SD UHS-II card offers up to 250 MB/s write speeds for continuous burst mode shooting and transfer speeds of up to 280 MB/s for maximum workflow efficiency. The SanDisk Extreme PRO SD UHS-II card is UHS Speed Class 3 (U3) enabled, a new specification allowing for high-quality 4K video recording.

"Camera manufacturers are rapidly introducing camera models for both consumers and professionals that are capable of higher burst rates and 4K video capture. Accordingly, memory card technology must move at a similar pace to provide users with the substantial performance required to take full advantage of these features," said Christopher Chute, research director, Worldwide Digital Imaging, IDC. "The higher levels of performance delivered by the new SanDisk Extreme PRO SD UHS-II card will help ensure that photographers, videographers and filmmakers are able to take advantage of the full capabilities of new professional-grade cameras."

SanDisk Corporation, a global leader in flash storage solutions, today announced the SanDisk Ultra Dual USB Drive, a USB flash drive featuring both a micro-USB and a USB 2.0 connector in a sleek and sturdy form factor. The SanDisk Ultra Dual USB Drive is designed for Android smartphone and tablet users who need an easy way to move content such as photos and videos from their mobile devices. The drive allows users to safely store and backup files, free-up space, or simply transfer multimedia between their smartphones, tablets and computers.

"The SanDisk Ultra Dual USB Drive provides a simple, convenient way to offload and backup files from smartphones and tablets - with the peace of mind that comes with the trusted SanDisk brand," said Dinesh Bahal, vice president, product marketing, SanDisk. "This new drive integrates with SanDisk's Memory Zone app to make freeing up space on mobile devices simpler than ever, improving the user experience."

SanDisk Corporation, a global leader in flash storage solutions, today announced the SanDisk Extreme PRO USB 3.0 flash drive, featuring professional-grade performance with some of the fastest speeds in the industry at up to 60 times faster than standard USB 2.0 drives, and providing a generous 128 GB of storage.

"The SanDisk Extreme PRO USB 3.0 drive offers world-class performance for technology aficionados who demand high-speed, durability and peace of mind that their files will be safe," said Philippe Willams, director of product marketing, SanDisk. "We are excited to be expanding our USB 3.0 solutions, and this is another example of our efforts to enable consumers with fast access to content and data."

SanDisk Corporation, a global leader in flash storage solutions, today announced results for the fourth quarter and fiscal year ended December 29, 2013. Fourth quarter revenue of $1.73 billion increased 12 percent on a year-over-year basis and increased 6 percent sequentially. Total revenue for fiscal 2013 of $6.17 billion increased 22 percent from $5.05 billion in fiscal 2012.

On a GAAP basis, fourth quarter net income was $338 million, or $1.45 per diluted share, compared to net income of $214 million, or $0.87 per diluted share, in the fourth quarter of fiscal 2012 and $277 million, or $1.18 per diluted share, in the third quarter of fiscal 2013. Net income for fiscal 2013 was $1.04 billion, or $4.34 per diluted share, compared to $417 million, or $1.70 per diluted share in fiscal 2012.

SanDisk Corporation, a global leader in flash storage solutions, today announced that its ULLtraDIMM Solid State Drive (SSD), the industry's first enterprise-class, ultra-low latency, memory channel storage solution, is now shipping for qualification with select enterprise servers. The addition of flash technology on the DRAM memory channel expands the growing penetration of flash storage technology in enterprise data centers, and complements SanDisk's existing flash-based server hardware and software storage solutions.

The award-winning SanDisk ULLtraDIMM SSD can be integrated into an existing DIMM slot. This ensures ultra-low latency in business applications and results in improved application response times. Additional ULLtraDIMM SSDs can also be added to available DIMM slots, scaling performance and capacity without impacting latency. This creates new opportunities for server system designs to support use cases that require extremely fast storage, such as High-Frequency Trading (HFT), VDI, transaction processing, virtualization and cloud computing.

SanDisk Corporation, a global leader in flash storage solutions, today announced the 64 GB SanDisk Connect Wireless Flash Drive in advance of the 2014 Consumer Electronics Show. The drive extends SanDisk's popular and award-winning line of wireless flash memory storage products, offering users even more wireless memory expansion for their mobile devices. In addition, recently released software updates enhance the performance and functionality of both the SanDisk Connect Wireless Flash Drive and Wireless Media Drive.

The SanDisk Connect line of products is designed to alleviate storage capacity limitations that consumers experience with their mobile devices. Data from the SanDisk Memory Zone memory management app for Android devices, which recently surpassed 1.5 million downloads, indicates 44 percent of users have less than half of their mobile device's internal storage capacity free, and nearly one quarter of users are at more than 80 percent utilization. The data also shows that when memory utilization reaches 80 to 90 percent, users proactively make space available by deleting or removing content.

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced it is helping improve the mobile video storytelling experience by investing in Magisto, creator of the popular video editing app with more than 13 million users on iOS and Android platforms. While pervasive use of mobile devices is enabling the recording of billions of videos annually, most user-generated content is not very engaging. This is largely due to today's lengthy and manual video editing process. Magisto's mobile app solves this problem by enabling amateur videographers to create captivating professional quality movies in just a few clicks, converting average videos into memorable content.

"We believe user-friendly video editing solutions that can create captivating videos represents a major, yet mostly untapped, market opportunity," said Sumit Sadana, executive vice president and chief strategy officer at SanDisk. "With Magisto, video captured on a smartphone of a family's first ski trip can have professional-looking music and graphics automatically added in just a few clicks. This greatly enhances the video's value and viewability, which is why Magisto has become so popular with consumers worldwide. We see video continuing to be a growth driver for flash storage in mobile devices, and SanDisk is pleased to be able to play a role in Magisto's next-stage of growth and evolution."

SanDisk Corporation, a global leader in flash storage solutions, today announced results for the third quarter ended September 29, 2013. Third quarter revenue of $1.63 billion increased 28 percent on a year-over-year basis and increased 10 percent sequentially.

On a GAAP basis, third quarter net income was $277 million, or $1.18 per diluted share, compared to net income of $77 million, or $0.31 per diluted share, in the third quarter of fiscal 2012 and $262 million, or $1.06 per diluted share, in the second quarter of fiscal 2013.