The senior management of this company have no idea what they're doing. With shared ownership in a FAB, you have still managed to take the company nowhere, leaving a takeover by WD as the only alternative to closing down. You have layers of middle management that can barely cope, let alone manage. Unless you are of Indian ethnicity, forget working for this company, you will go nowhere due to the nepotism and favoritism exhibited by several management layers above you.
Bought a true enterprise company (fusion-io) and tore the heart out of its enterprise sales force and then wondered why it failed to sell those enterprise products effectively. You are idiots.
At a trade show in the summer, several times my colleagues and I heard delegates wandering past saying things like, "why are they here, they make USB drives." This sums it up, you're a consumer grade company with consumer grade products. The WD takeover is the best of a bad bunch of results, at least there won't be a slow painful death of the company that many fine people work for in return for very little acknowledgement.