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Topic: Western Digital

Toshiba picks Bain consortium as winner for its memory unit, likely backed by Apple

09/20/2017, 01:09 pm

Toshiba on Wednesday announced an $18 billion agreement to sell its memory chip business to a group of companies led by U.S. equity firm Bain Capital, one prominent backer likely being Apple.

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Apple mulling $3B investment in Bain bid for Toshiba chip business, report says

09/14/2017, 12:09 am

In what could be Apple's largest single outside investment since its acquisition of Beats, the company is supposedly in discussions to put up around $3 billion toward Bain Capital's bid for Toshiba's memory chip business.

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Toshiba to sell chip unit to Western Digital for $18.3B, report says

09/11/2017, 11:09 pm

A new report claims Toshiba will sell its memory chip business to a consortium led by technology partner Western Digital, potentially ending a contentious months-long search for a buyer that included candidates Apple and its manufacturing partner Foxconn.

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Western Digital launches internet-connected My Cloud Home & Home Duo drives

08/30/2017, 02:08 pm

Western Digital on Wednesday released the My Cloud Home, a network-attached storage (NAS) drive intended to provide both local and remote access to personal files.

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Toshiba chip business sale process continues, with Apple-backed Bain Capital offering $17.4 billion

08/30/2017, 11:08 am

In a last-minute effort to secure Toshiba's chip manufacturing business before another deadline passes, Bain Capital in conjunction with Apple has reportedly placed a bid of $18.2 billion.

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Western Digital debuts My Book Duo with up to 20TB of external storage

08/24/2017, 09:08 am

Western Digital this week launched the My Book Duo, an external RAID storage system that comes with up to 20 terabytes of storage, and as well as a USB-C port simplifying connections with recent Macs.

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Toshiba in talks with Western Digital, Apple-backed Foxconn consortium about chip unit sale

07/11/2017, 10:07 am

Despite having picked another group as the preferred bidder for its memory business, Toshiba is reportedly talking to two other interested parties as well -- Western Digital, and a Foxconn consortium including Apple, Dell, and Kingston.

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Toshiba sues Western Digital for $1.07B to keep sale of memory chip unit on track

06/28/2017, 09:06 am

Toshiba on Wednesday filed a $1.07 billion lawsuit against Western Digital in Tokyo District Court, trying to halt any intervention in the sale of Toshiba's memory chip business to a consortium including Bain Capital and Japanese government investors.

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$18 billion deal for Toshiba's memory division further challenged by Western Digital

06/26/2017, 10:06 am

Extending the saga even further, Western Digital has notified Toshiba's board of directors that it formally opposes Toshiba's sale of its memory division to any group that has ties to its primary competitor SK Hynix -- and the favored consortium is relying on funding from it.

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Toshiba selects winning bidder for chip business, rules out Apple/Dell/Foxconn consortium

06/21/2017, 01:06 pm

Toshiba has chosen a consortium formed by Bain Capital, Mitsubishi, and Japanese government investors as the preferred bidder for its memory chip business, effectively locking out a Foxconn-led consortium including the likes of Apple and Dell.

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Foxconn head says Apple & Dell are key partners in joint bid for Toshiba's memory unit

06/12/2017, 09:06 am

Apple, Dell, and Kingston are currently the three other partners in a Foxconn-led group bidding for Toshiba's memory unit -- though still more tech firms may sign on with just days to go, according to Foxconn's chairman.

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Western Digital debuts first SSD-based My Passport drive with USB-C for Macs

04/06/2017, 12:04 pm

Western Digital on Thursday announced the My Passport SSD, not only its first portable SSD but a unit designed with Apple's latest MacBooks in mind, thanks to a built-in USB-C port.

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Japan's national security could block Apple suppliers Foxconn & TSMC from Toshiba memory stake

03/10/2017, 09:03 am

The Japanese government is preparing to vet the security of potential bidders for a majority stake in Toshiba's memory business -- something that could give U.S. companies an edge, but stop Apple suppliers Foxconn and TSMC, a report said on Friday.

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Western Digital to buy SanDisk in $19 billion takeover connected to flash memory

10/21/2015, 02:10 pm

Hard drive maker Western Digital on Wednesday announced a $19 billion deal to acquire SanDisk, reflecting a shift in the storage industry away from magnetic hard disks towards solid-state drives and other forms of flash memory.

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