SanDisk unveiled a 32 GB CompactFlash card yesterday, the company's largest CF storage device. The Extreme III CompactFlash doubles the size of SanDisk's previous CF card and has read and write speeds of 30 MB per second, according to this InformationWeek piece.
The device is scheduled to hit U.S. retail shelves in October and targets professional videographers and photographers. The new product adds to a portfolio that makes SanDisk an attractive acquisition target. At the beginning of the week, rumors swirled that Samsung was planning a buyout of SanDisk, but insiders say a deal now appears unlikely.