This was the case as Western Digital acquired acquired flash memory system company Tegile and Chinese flash company Longsys acquired the Lexar brand from Micron. Western Digital Corp. (NASDAQ: WDC) and Tegile Systems (“Tegile”) announced that they have entered into a definitive agreement under which Tegile, a leading provider of flash and persistent-memory storage solutions for enterprise data center applications, will be acquired by Western Digital. Tegile has been a pioneer in flash storage systems since 2012. With its IntelliFlash™ architecture, Tegile has pioneered a comprehensive flash storage platform. Micron has been trying to sell its consumer flash memory business under the Lexar brand for many months, and recently Chinese comsumer flash memory company, Longsys, offered to buy the trade mark and branding rights.

Source: Forbes September 10, 2017 22:30 UTC