M-Systems

Company Overview

Snapshot

Founded in January 1989, M-Systems developed personal storage solutions. The company raised a total of $172 million across two funding rounds from three investors, including Giza Venture Capital and Evergreen Venture Partners. 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 both individual and enterprise markets. Operating within the Industrial Technologies sector, M-Systems focused on Microelectronics & Photonics Solutions, with core technologies in Semiconductors & Electronics, specifically System-on-a-chip.

Strategic signal

In March 2000, M-Systems successfully completed an Initial Public Offering (IPO) on NASDAQ, raising $167 million. This event signaled strong investor confidence in the company's flash-memory technology and market position, validating its growth trajectory and strategic partnerships, particularly with companies like Microsoft.

Company Intelligence Q&A

When was M-Systems acquired?

M-Systems was acquired by SanDisk in November 2006.

What was a significant financial event for M-Systems in March 2000?

In March 2000, M-Systems completed an Initial Public Offering (IPO) on NASDAQ, raising $167 million.

Which investors participated in M-Systems' January 1999 funding round?

In January 1999, M-Systems received funding from investors including Evergreen Venture Partners.

What was the total capital raised by M-Systems?

M-Systems raised a total of $172 million across its funding rounds.

What was the status of M-Systems on NASDAQ in June 2006?

M-Systems was delisted from NASDAQ in June 2006, prior to its acquisition.