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Last $64.59 USD
Change Today -1.61 / -2.43%
Volume 14.3M
SNDK On Other Exchanges
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As of 8:10 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

sandisk corp (SNDK) Key Developments

Netlist, Inc. to Announce Patent Suit against Sandisk and Diablo Related to the ULLtraDIMM

Netlist Inc. to vigorously pursue its patent suit against SanDisk and Diablo related to the ULLtraDIMM. The verdict in the trade secret case has no effect on the patent case. The company also intends to request that the Court correct the verdict as to the breach of contract count, and to pursue all available appeals.

SanDisk Corp. Revises Revenue Guidance for the First Fiscal Quarter Ending March 29, 2015 and Fiscal 2015

SanDisk Corporation announced that it expects revenue for the first fiscal quarter, which will end on March 29, 2015, to be approximately $1.3 billion, depending on final sell-through results, compared to the previously forecasted revenue range of $1.40 billion to $1.45 billion. The change in first quarter revenue estimate is primarily due to certain product qualification delays, lower than expected sales of enterprise products and lower pricing in some areas of the business. The company expects continued impact to its 2015 financial results from these factors as well as the previously identified supply challenges, and now forecasts 2015 revenue to be lower than the previous guidance.

SanDisk Corporation Announces 48 Layer 3D NAND

SanDisk Corporation announced that it has successfully developed its 48 layer second generation 3D NAND, also referred to as BiCS2. Pilot production will commence as planned in the second half of 2015 in the Yokkaichi joint venture facility, with meaningful commercial production targeted for 2016. SanDisk plans to use the second generation 3D NAND technology across a broad range of solutions, from removable products to enterprise SSDs.

SanDisk Corporation Creates New Storage Category with InfiniFlash All-Flash Storage System

SanDisk Corporation unveiled a revolutionary all-flash storage platform that creates a new category for the IT industry, termed by IDC as Big Data Flash. Built using open source software, SanDisk’s InfiniFlash storage system delivers massive capacity, extreme performance, and superior reliability to big data and hyperscale workloads, while significantly reducing data center complexity and costs. InfiniFlash is configured with up to 64 specially-designed, hot-swappable cards, each providing an unprecedented 8TB of flash capacity. Together, the cards deliver half a petabyte of raw flash storage in a 3-rack-unit enclosure, which is able to connect with up to eight off-the-shelf servers. InfiniFlash is the next generation storage platform. Available in three different configurations, this breakthrough offering provides 5x the density2, 50x the performance and 4x the reliability, while consuming 80% less power as compared to traditional hard disk drive arrays and far surpasses the capabilities of existing all-flash arrays which focus solely on performance3. InfiniFlash also delivers breakthrough pricing for an all-flash hardware solution at less than $1 per gigabyte, and breaks the $2 per GB barrier for an all-flash system4 without requiring compression or de-duplication technologies. Through the disaggregation of compute, switching and storage capabilities, InfiniFlash enables the use of flash for primary and secondary storage with new benchmarks in low total acquisition costs and extremely compelling total cost of ownership. The InfiniFlash system is configured with up to 64 specially-designed, hot-swappable cards, each providing an unprecedented 8TB of flash capacity. Together, the cards deliver half a petabyte of raw flash storage in a 3-rack-unit enclosure, which is able to connect with up to eight off-the-shelf servers. The InfiniFlash system’s modular storage design supports various operating system and storage stack offerings. It includes the award-winning, performance-optimized SanDisk ION Accelerator™ software stack, from Fusion-io, for block storage applications. For scale-out block and object storage workloads, InfiniFlash utilizes the ‘flash-intelligent’, open source CEPH platform to deliver enterprise-class data services. These offerings include development libraries and a software development kit that allow customers to optimize applications for use with the system in order to obtain even better performance, efficiency and TCO. SanDisk continues to work with its OEM partners to bring innovative flash solutions to market. SanDisk will also leverage its relationships with channel partners, value-added resellers and system integrators to deploy InfiniFlash and other SanDisk flash-powered solutions for enterprise and hyperscale customers. InfiniFlash system service, maintenance, and support are also provided by SanDisk and its go-to-market partners.

Wolters Kluwer Health Chooses GigaSpaces XAP with SanDisk ZetaScale Software to Support Data Growth and Faster Processing of Mission-Critical Data

GigaSpaces Technologies announced that Wolters Kluwer Health will use XAP MemoryXtend to enable scaling of the growing volume of data processed by its Sentri7®clinical decision support application and to reduce its hardware footprint. GigaSpaces joined forces with SanDisk Corporation to deliver XAP MemoryXtend with SanDisk ZetaScale™ software, to provide customers like Wolters Kluwer Health faster data processing at lower cost. Sentri7 is a web-based, real-time, decision support application that drives continuous improvement and empowers healthcare organizations to achieve excellence in care delivery. It addresses multiple infection prevention responsibilities, including investigation of HAIs, isolation management, MDRO management and compliance with federal and state reporting requirements. Sentri7 also delivers surveillance, documentation and reporting for antimicrobial stewardship, VTE/anticoagulation, medication management and medication safety. Sentri7 uses a high performance rules engine combined with an in-memory data grid to deliver real-time data, documentation and reporting. With XAP MemoryXtend, the application is able to process data up to 20 times faster, allowing for peak performance and high scalability to keep information flowing freely.

 

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