M-Systems

Flash Memory Storage Products for Individuals and Enterprises

Industrial Technologies
Acquired by SanDisk on Nov, 2006

Company Overview

Snapshot

Founded in January 1989, M-Systems developed personal storage solutions. The company raised $172 million across two funding rounds from three investors, including Evergreen Venture Partners and Giza Venture Capital. M-Systems was acquired by SanDisk in November 2006.

Business overview

M-Systems specialized in developing personal storage solutions, including USB flash storage devices and DiskOnChip technology. The company's product line featured DiskOnKey USB and DiskOnChip products, serving individuals and enterprises. Operating within the Industrial Technologies sector, M-Systems focused on microelectronics and photonics solutions, with a core technology in semiconductors and electronics, specifically system-on-a-chip.

Strategic signal

M-Systems' acquisition by SanDisk in November 2006 marked a significant consolidation in the flash memory storage market. This event signaled the strategic value of M-Systems' pioneering work in USB flash storage and DiskOnChip technology, demonstrating the increasing demand for integrated storage solutions within the broader semiconductor and electronics industry.

Company Intelligence Q&A

When was M-Systems founded?
M-Systems was founded in January 1989.
What was a key product developed by M-Systems?
M-Systems developed DiskOnKey USB (universal serial bus) and DiskOnChip products, focusing on flash memory storage solutions.
When did M-Systems go public?
M-Systems completed an Initial Public Offering (IPO) on NASDAQ in March 2000, trading under the ticker FLSH.
Which investors participated in M-Systems' January 1999 funding round?
In January 1999, M-Systems received investment from Evergreen Venture Partners and Giza Venture Capital.
What was the outcome for M-Systems in November 2006?
In November 2006, M-Systems was acquired by SanDisk.