Announced
Financials
Sources
Tags
Pending
Japan
Majority
Semiconductors
Single Bidder
Friendly
semiconductor manufacturing
Private
Acquisition
Domestic
Synopsis
Kioxia, a Japanese multinational computer memory manufacturer, agreed to acquire Chubu Toshiba Engineering, a semiconductor provider, from Toshiba, a Japanese multinational conglomerate. Financial terms were not disclosed. Kioxia is cultivating a new era of memory with its world class solutions, as it strives towards the mission of “uplifting the world with memory”. The company remains committed to developing initiatives to strengthen the competitiveness of its memory and SSD business.
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