According to a new report, both Western Digital and Micron Technologies are conducting separate talks with SanDisk for acquisition process as SanDisk has hired a bank to explore a sale of its business.

According to a report from Bloomberg.com, SanDisk has not made any final agreement with any of these companies and considering that SanDisk is in partnership with Toshiba in joint flash production, Toshiba would have to approve on any final offer from these talks.

According to an analyst quoted by Bloomberg, Western Digital is a better bet and makes more sense since Micron's partnership with Intel might be a problem as well.

As the report went live, SanDisk shares rose and the company now worth US $12.7 billion, based on its $68.70 share price.



Source: Bloomberg.com.