Sunday, September 23, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Comcast is the Winner in Auction for Sky
Fujitsu Algorithm Achieves Compresses Images by 1,000:1
Samsung Galaxy J4+ and J6+ Launched in India
Renesas to License Chip IP As It Seeks For New Revenue Sources
Razer Ifrit Packs a Professional Quality Microphone into a Low-profile Broadcast Headset
Micron, Toshiba Chips Found Inside New iPhones
3DMark Adds Ray tracing Benchmark
Adobe to Acquire Marketo for $4.75 Billion
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > PC Parts > Bain Ca...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, June 04, 2018
Bain Capital to Support Toshiba Memory's Future Acquisitions


Bain Capital, which led the $18 billion acquisition of Toshiba Memory, plans to support the chip business industry and potentially new large deals.

The U.S. private equity firm and Toshiba Memory will discuss what kind of technologies or acquisitions will be required, with Toshiba Memory president Yasuo Naruke noting that in the longer term technology relating to next generation memory chips would be needed.

"I believe our financing power will enable Toshiba Memory engage in large-scale M&A deals," Yuji Sugimoto, head of Bain Capital in Japan, told a news conference following the completion of the deal last week.

Under the Bain- Toshiba deal, Toshiba has reinvested in the unit, holding some 40 percent. Other consortium members include Apple, SK Hynix, Dell Technologies, Seagate Technology, Kingston Technology and Hoya Corp.

"Compared to our bigger rival...we are lagging behind in volume, including production capacity," Naruke said, adding that there had been a slight delay in investing in the shift to so-called 3D NAND chips from planar ones.

Toshiba Memory's sixth production line is set to start operating this summer at its Yokkaichi plant in central Japan.

Construction of a new memory chip plant in Kitakami, northern Japan, will also start in July this year.



Previous
Next
Computex: ASUS Republic of Gamers Announces ROG Phone, CPU Coolers, Routers, Gaming laprops and Accessories        All News        Microsoft to Buy GitHub for $7.5 Billion
Computex: ASUS Republic of Gamers Announces ROG Phone, CPU Coolers, Routers, Gaming laprops and Accessories     PC Parts News      ZOTAC to Showcase New VR GO Backpack and Mini PCs at Computex 2018

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba Memory Accelerates 96-layer 3D flash Memory Production, Sticks with IPO Plans
Toshiba Posts Quarterly Profit on Chip Sale
Toshiba Delivers First SSD Using 96-Layer 3D Flash Memory
Western Digital and Toshiba Begin Sampling 96-layer QLC NAND
Toshiba Develops 703cm2 Film-based Perovskite Photovoltaic Module With a 11.7 Percent Power Conversion Efficiency
Toshiba Delivers RM5 vSAS Series SSDs Targeting SATA Applications
Value-Optimized Toshiba RC100 NVMe SSDs Now Available
Sharp to buy Toshiba's PC Business
Sharp close to Buying Toshiba's PC Business
Toshiba Completes $18bn Sale of Flash Memory Unit
Toshiba Introduces New XS700 Series of Portable SSDs
Toshiba's Twin-Field Quantum Key Distribution Extends the Limit of Intercity Secure Communications

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .