Arik Hesseldahl

Recent Posts by Arik Hesseldahl

SanDisk Pays $307 Million for Smart Storage Systems

Flash chip manufacturer SanDisk said it will pay $307 million to buy Smart Storage Systems, a provider of flash-based storage products, from the private equity firm Silver Lake Partners. The firm had invested in Smart when it went private during the summer of 2011. About 250 people will join SanDisk once the transaction is completed.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald