In the news
Dec 08, 2014

SanDisk Invests in IoT Ecosystem

Connected World Magazine

Following mergers, acquisitions, and investments in the M2M and IoT (Internet of Things) space can be more than interesting—it can be telling. A new strategic investment can suggest a trend in the way data will be captured, stored, shared, and managed in the future IoT ecosystem.

SanDisk Corp., www.sandisk.com, a provider of flash storage solutions, has announced SanDisk Ventures, the company’s venture arm, has invested in Altair Semiconductor, a developer of high-performance, single-mode LTE (long-term evolution) chipsets. SanDisk says its ventures initiative is in place to strategically invest in companies and technologies that will extend the value proposition of flash-based solutions.