‘Western Digital and Kioxia discuss possible merger’
Drive manufacturers Western Digital and Kioxia are discussing a possible merger, according to a Bloomberg report based on insider sources.
Western Digital and Kioxia already collaborate in the field of flash chips. Insider sources told Bloomberg that the companies are considering a more signif... Read more
Analysts point out challenges in Western Digitals plan to buy Kioxia
A possible Western Digital-Kioxia merger could create a NAND memory chipmaking company to rival Samsung. However, analysts question whether Kioxia investors will accept the terms of the $20-billion deal, which Western Digital wants to pay in all stocks.
There will be no cash provided to Kioxia, ... Read more
‘WD in talks with Kioxia about a possible $20-billion merger’
Data storage company Western Digital's shares jumped 7.8% today after the Wall Street Journal published a report that the company is in merger talks with Kioxia, a leading flash memory manufacturer.
The deal could be worth more than $20 billion, according to WSJ's sources. The sources say that W... Read more
Toshiba Memory America changes name to Kioxia America
Toshiba Memory America has announced that the name of the company will change to Kioxia America, reports ZDNet. The name change will take place in October.
According to the company, the name is a contraction of the Japanese word kioku, which means memory, and the Greek word axia, which means value. ... Read more