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Toshiba still working on chip sale, sues WD

2017-06-28 08:53:00| Telecompaper Headlines

(Telecompaper) Toshiba announced that it has not yet reached a final deal with its preferred bidder for its memory chip business. A week ago it named named a consortium of the Innovation Network Corp of Japan, Bain Capital and the Development Bank of Japan as the preferred bidder and said it aimed to reach a final agreement by 27 June. Toshiba said negotiations are still underway, complicated in part by the multiple parties involved. It aims to reach an agreement as soon as possible. Separately, Toshiba said it is suing Western Digital for complicating its sale of the semiconductor business.

Tags: sale working toshiba chip

 

Toshiba sues Western Digital over memory chip sale

2017-06-28 07:55:07| BBC News | Business | UK Edition

Japanese giant says the US firm is stopping the sale of its memory chip business

Tags: sale digital western memory

 
 

Western Digital resubmits Toshiba chip unit bid

2017-06-27 10:25:49| BBC News | Business | UK Edition

The US firm bids again for Toshiba's flagship flash memory unit amid a battle over the sale of the business.

Tags: digital western unit bid

 

Toshiba picks INCJ consortium to buy memory chip business

2017-06-21 08:32:00| Telecompaper Headlines

(Telecompaper) Toshiba has named the Innovation Network Corp of Japan, Bain Capital and the Development Bank of Japan as the preferred bidder to acquire its memory chip business. Toshiba Memory Corp was spun off into a separate company from 01 April and Toshiba hopes to sell the company in order to shore up its balance sheet after major writedowns on its energy business. Toshiba said the selected consortium offered not only the best bid, but also the greater chance of closing the transaction, retention of employees and keeping sensitive technology in Japan. The INCJ is a public-private partnership set up by the government and major Japanese corporations to support innovative businesses in the country.

Tags: business buy memory toshiba

 

Intel: Don't Emulate Our Chip Architecture

2017-06-19 12:07:33| PC Magazine Notebooks Product Guide

Intel sent a thinly veiled warning to Microsoft, Qualcomm, and ARM this week, explaining that it will vigorously defend its x86 architecture against patent violations.

Tags: architecture intel chip emulate

 

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