Western Digital to buy flash storage company Virident

(Reuters) - Hard drive maker Western Digital Corp said it would buy Virident Systems Inc, a maker of flash memory for servers, for $685 million in cash. Western Digital has been trying to expand its presence in the solid state, or flash storage, market with its recent acquisitions. In June, Western Digital bought troubled solid-state drive (SSD) maker Stec Inc to become one of the top players in the high-growth industry. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/western-digital-buy-flash-storage-company-virident-120118447--finance.html