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Chip Merger Pace Rises With Western Digital, Lam Deals

  • Lam to buy KLA-Tencor in $10.6 billion machinery combination
  • Western Digital to acquire SanDisk for about $19 Billion
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The merger wave sweeping the computer-chip industry is now engulfing the makers of the machines needed to crank out semiconductors.

Lam Research Corp. said Wednesday that it would buy KLA-Tencor Corp. for $10.6 billion in cash and stock. Within four hours, Western Digital Corp. announced a deal to acquire SanDisk Corp. for about $19 billion. The pacts added to what was already a record year for chip deals -- a total of $76 billion before Wednesday.