Toshiba and Western Digital Settle Nasty NAND Flash Memory Chip Feud

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Toshiba and Western Digital Settle Nasty Flash Memory Chip Feud
Bain’s consortium can now proceed with a $17.7 billion purchase of Toshiba’s memory chip business.
The co-investors include U.S. tech companies Apple Inc., Dell Technologies Capital, Kingston Technology Co. and Seagate Technology plc, South Korean chipmaker SK Hynix and Tokyo tech group Hoya Corp., which are joining Bain in the bid to acquire Toshiba Memory Corp. Japanese public-private business support group Innovation Network Corporation of Japan and the Development Bank of Japan Inc. may also invest.