T Capital Partners to acquire a 70% stake in Fujitsu Semiconductor Memory Solution.

T Capital Partners, a private equity firm, agreed to acquire a 70% stake in Fujitsu Semiconductor Memory Solution, a semiconductor memory chip business of Fujitsu. FSL will continue to hold around 30% of the voting rights of FSM for the time being. Financial terms were not disclosed. To accelerate the development of next-generation system memory LSIs and business for new solutions, FSL has decided to further enhance FSM's independence by transferring its shares in FSM to the successor company. This will enable FSM to expand its businesses flexibly with its advanced technical expertise in system memory LSIs such as FeRAM and ReRAM, accumulated over more than a decade.