SanDisk acquires Israeli company MDRM

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SanDisk on Tuesday said it has acquired Israel-based MDRM, a privately held company that created BookLocker, a product that allows students from kindergarten through high school to carry electronic versions of their textbooks on a device weighing less than 1 ounce.

The transaction was completed on Dec. 2. Terms were not disclosed.

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Wolfgang Gruener
Wolfgang Gruener
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Wolfgang Gruener is an experienced professional in digital strategy and content, specializing in web strategy, content architecture, user experience, and applying AI in content operations within the insurtech industry. His previous roles include Director, Digital Strategy and Content Experience at American Eagle, Managing Editor at TG Daily, and contributing to publications like Tom's Guide and Tom's Hardware.