Tag Archives: Toshiba

Toshiba Signs Deal to Sell Chip Unit to Bain-Led Group for $18 Billion

HIGHLIGHTS Toshiba has signed chip unit deal worth $18 billion with Bain Capital LP It was earlier in talks with Apple that later demanded new terms Bain’s consortium also includes Dell, Seagate Japan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key – albeit not ... Read More »

Western Digital CEO Said to Be in Japan to Finalise Toshiba Chip Deal

HIGHLIGHTS WD to finalise agreement to buy Toshiba’s memory chip business The group and Toshiba aim to announce a deal by August 31 Some senior Toshiba executives had initially balked at WD’s offer Western Digital’s chief executive is in Tokyo to finalise an agreement to buy Toshiba’s memory chip business, ending months of dispute over the auction, a person familiar with ... Read More »

Apple considers bidding for big stake in Toshiba chip business – report

Apple Inc (AAPL.O) is considering teaming up with its supplier Foxconn to bid for Toshiba Corp’s (6502.T) semiconductor business, Japanese public broadcaster NHK reported on Friday – the latest twist in the sale of the world’s second-biggest flash memory chipmaker. The U.S. technology giant is considering investing at least several billion dollars to take a stake of more than 20 ... Read More »