Back in July, Toshiba Memory Corp announced plans to re-brand and kick off the start of a new era for the company under new ownership. Toshiba sold off the controlling stake in its memory business back in 2017 to ease financial difficulties. Now, Toshiba Memory Corp is officially no more, …
Read More »Toshiba Memory is acquiring Lite-On’s SSD business
Back in July, Toshiba Memory Corp announced plans to kick off a new era for the company under a new name. Part of this new era will include some expansion, as Toshiba Memory is acquiring Lite-On Technology's SSD business in a deal worth $165 million. The agreement will see Toshiba …
Read More »Toshiba’s $18 billion memory business sale will miss March deadline
Back in September, after months of back and forth negotiations, Toshiba finally landed an $18 billion deal to sell off its chip business ‘Toshiba Memory Corp'. The massive sale was expected to complete by the end of March, but this week, Toshiba has announced that it will miss the agreed …
Read More »Toshiba signs $18 billion deal to sell off its memory business
After months of back and forth, Toshiba has reportedly signed an $18 billion deal to sell off its chip business. In the end, Toshiba did not end up selling its stake to Western Digital, opting for a consortium led by Bain Capital LP instead. Interestingly, this consortium does include SK …
Read More »Western Digital has bid to buy Toshiba’s memory business, wants to avoid SK Hynix partnership
Over the last couple of months, Western Digital and Toshiba have been embroiled in an ugly legal battle. Toshiba is currently looking to sell off Toshiba Memory Corp, which co-owns a NAND manufacturing plant in Japan with Western Digital. We knew that WD wanted a say in Toshiba's TMC sale …
Read More »