|Post IPO Valuation|
|Description||Supplier of flash memory cards|
Founded in 1988 by Dr. Eli Harari, an internationally recognized authority on non-volatile memory technology, SanDisk has grown to become the world’s largest supplier of innovative flash memory data storage products.
Serving both consumers (with more than 200,000 retail storefronts worldwide) and original equipment manufacturers (OEMs), SanDisk designs, develops, manufactures and markets flash storage card products for a wide variety of electronic systems and digital devices. SanDisk also licenses its technology to a number of other industry-leading companies.
With flash memory’s capability for storing large amounts of data in a compact, removable format, SanDisk’s products have helped drive the exponential growth in sales of digital cameras, multi-function mobile phones, USB flash drives, digital audio/video players, and other digital consumer devices.
SanDisk currently has more than 860 U.S. patents, more than 550 foreign patents, and more than 1440 patent applications pending in the U.S. SanDisk is the only company, worldwide, that has the rights to both manufacture and sell every major flash card format, including CompactFlash Card, SD Card, miniSD Card, microSD Card, MultiMedia Card, Reduced Size MultiMedia Card (RS-MMC Card), Memory Stick PRO Duo Card and related Memory Stick products, xD-Picture Card and USB flash drives.
SanDisk became a publicly traded company (NASDAQ:SNDK) in November 1995, and in 2007 revenues grew to $3.9 billion. With more than 3000 employees, worldwide, SanDisk is headquartered in Milpitas, California.