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Technology Stocks : WDC/Sandisk Corporation
WDC 152.20-3.7%Nov 4 3:59 PM EST

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To: Art Bechhoefer who wrote (10798)5/5/2000 3:38:00 AM
From: Tumbleweed  Read Replies (3) of 60323
 
+ SmartDisk Enters Europe with Impleo Acquisition

I suppose I should know more about these folks than I do, How much of a competitor are they? The article implies they sell flash but I have never seen any CF or MMC cards marketed under their brand name. Then again I'm in Europe so maybe that would be expected (see the text below about them moving into Europe). Ausdauer, I note you are on the Smartdisk thread, and I also note their shares were up 13% yesterday. Worth a buy?

SmartDisk Corp, the Naples, Florida-based manufacturer of
floppy disk adapters and personal storage systems, has acquired
Impleo Ltd, a developer of digital data transfer and storage
products based in Wokingham, UK, for an undisclosed sum.

The acquisition represents the establishment of a European
beachhead for SmartDisk. The company said Impleo, which markets
its own Datawise digital connectivity, personal storage and
biometrics security products, will now also distribute its US
parent's flash memory card readers, smart card readers and
personal storage. It counts among its established channels such
UK retail groups as Dixons and Computacenter.

The Impleo purchase comes shortly after SmartDisk bought VST
Technologies Inc, the Boston, Massachusetts-based manufacturer
of FireWire- and USB-based flash memory readers and personal
storage products for both PC and Mac platforms. SmartDisk said
VST's product line would also be available through its new
European office.
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