According to MarketWatch Samsung is reportedly looking to acquire Sandisk – the flash memory cards and multimedia player’s behemoth. Seems to be a perfect time as Sandisk has lost 50% of its market capitalization since June 2008.

SanDisk stock price has plummeted from $56 to just over $13 per share since this time last year and hence it looks like an ideal premise for a bidding war to the investors.

Samsung is already a flash memory behemoth and with Sandisk, it would acquire a great brand, an amazing patents portfolio, additional revenues and much more. Certainly not a bad deal for either of the companies at this price.