Breaking News

ASUS Hardware Showcase: AI Accelerators, Collector GPUs, and Esport Monitors Apple Unveils Major Hardware and Creative Suite Ecosystem Updates XPG Launches Third-Generation CORE REACTOR III for Next-Gen Power Safety TCL’s New Monitor Range Fits Every Kind of Gaming Setup Viltrox Launches AF 35mm F1.4 Pro FE/Z

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Western Digital Resubmits Bid for Toshiba Chip Unit

Western Digital Resubmits Bid for Toshiba Chip Unit

Enterprise & IT Jun 27,2017 0

Western Digital said it and U.S. private equity firm KKR & Co LP have resubmitted a bid for Toshiba's flash memory chip unit, as the U.S. company is trying to prevent Toshiba signing a deal with its previously announced preferred bidder.

Western Digital, which jointly runs Toshiba's main semiconductor plant, has been objecting the sale of the world's No. 2 producer of NAND chips and has sought a U.S. court injunction to prevent any deal that does not have its consent.

Toshiba is seeking to sign a definitive agreement with a group led by the Japanese government and including Bain Capital which has offered around 2 trillion yen ($18 billion) - by Wednesday, the day of its annual shareholders meeting.

Western Digital will provide debt financing to facilitate a sale as part of the bid, the U.S. firm said in a statement.

Toshiba's board members are expected to gather and discuss whether to sign off on the Japanese government-led consortium's bid on Tuesday.

Tags: Western DigitalToshiba
Previous Post
Sprint Starts Partnership Talks With US Cable TV Providers Charter Communications and Comcast
Next Post
NVIDIA Collaborates with Volvo to Bring AI-Enabled Autonomous Vehicles to Market in 2021

Related Posts

  • Why Intelligent Firmware Matters More Than Peak Throughput in NAS Systems

  • Toshiba launches Canvio Ready portable hard drive with partly recycled-material top cover

  • Toshiba Demonstrates Storage Infrastructure for Scientific AI and Research at ISC 2026

  • Toshiba Canvio Flex Portable Hard Drive, Now in Metallic Blue

  • Toshiba Begins Sampling of 30-34 TB SMR Nearline Hard Disk Drives

  • World Backup Day 2026: A Backup Doesn’t Always Need to be in the Cloud

  • Toshiba to Showcase High-Performance AI and Petabyte-Scale Storage Solutions at Cloudfest 2026

  • Asustor AS5404T 4-Bay NAS System

Latest News

ASUS Hardware Showcase: AI Accelerators, Collector GPUs, and Esport Monitors
Enterprise & IT

ASUS Hardware Showcase: AI Accelerators, Collector GPUs, and Esport Monitors

Apple Unveils Major Hardware and Creative Suite Ecosystem Updates
Consumer Electronics

Apple Unveils Major Hardware and Creative Suite Ecosystem Updates

XPG Launches Third-Generation CORE REACTOR III for Next-Gen Power Safety
PC components

XPG Launches Third-Generation CORE REACTOR III for Next-Gen Power Safety

TCL’s New Monitor Range Fits Every Kind of Gaming Setup
Gaming

TCL’s New Monitor Range Fits Every Kind of Gaming Setup

Viltrox Launches AF 35mm F1.4 Pro FE/Z
Cameras

Viltrox Launches AF 35mm F1.4 Pro FE/Z

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

SoundPeats Cove Pro

SoundPeats Cove Pro

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

Akaso Brave 8 Lite

Akaso Brave 8 Lite

SoundPeats C30

SoundPeats C30

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed