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Tag Archives: Western Digital

Toshiba Will Sell Chip Business to Bain Capital Group

Toshiba’s board signed off Wednesday on selling its computer chip business to a group led by Bain Capital Private Equity, but the deal’s future remains unclear as Toshiba’s U.S. joint venture partner Western Digital opposes it. Japanese electronics and nuclear company Toshiba Corp., which needs the sale to survive, said ... Read More »

Apple Joins Bain in Bid for Toshiba’s Chip Business

Apple has joined a consortium of companies led by the investment firm Bain Capital in a revised [$18 billion] last-ditch offer for Toshiba’s chip unit. Toshiba is the world’s second largest producer of Nand memory chips, which are used in smartphones and computers. A deal may be crucial for Apple ... Read More »

Toshiba Sues Western Digital in Feud Over Memory Unit Sale

Toshiba Corp. said Wednesday it is suing its joint venture partner Western Digital over the U.S. company’s opposition to a plan to sell the Japanese electronics and energy giant’s memory chip unit. Toshiba said in a statement that it was seeking a permanent injunction and 120 billion yen ($1.1 billion) ... Read More »