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16, 2014  Wheelings & Dealings: SanDisk Set To Buy Fusion-io  A
data center backed up by flash storage isn't really a new
concept, but in some sectors, it's comparatively new,
sufficiently so that in some places it's really just getting
started. But the idea of data centers that can hold most of the
contents on much smaller-sized platforms is one that's got a lot
of appeal in some fields, and to advance this concept, SanDisk
is ready to buy Fusion-io (News - Alert) in what's reported to
be an all-cash deal valued around $1.1 billion.  Word of the
SanDisk purchase, meanwhile, sent shares shooting upward for
Fusion-io, and appeared to do decent things for SanDisk (News -
Alert) as well. While Fusion-io shares had been trading in the
$8-$9 range for the last five days or so, word of the SanDisk
purchase sent shares up around 22.9 percent, according to
reports, giving a five-day stock chart a pronounced upward tick.
SanDisk, meanwhile, got a bump up as