Kingston Technology is among the potential buyers of Toshibas memory business

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POSTER: computer news   ||   KINGSTON TECHNOLOGY IS AMONG THE POTENTIAL BUYERS OF TOSHIBAS MEMORY BUSINESS	DATE:2017-03-20
Bloomberg last week completed new information about the potential development of events around the business of Toshiba's solid-state memory, which is put up for sale to cover losses from the company's activities in nuclear energy. First of all, the Japanese media reported that the state investment funds can act as investors, buying back about 30% of the shares of the Toshiba profile division, and the rest of the package will be acquired by an American company - either Western Digital Corporation or Micron Technology, Then from institutional investors.  Later, representatives of the Japanese government said they were not going to raise government money to save Toshiba. In addition, among potential customers, Kingston Technology is now mentioned - a well-known manufacturer of solid-state drives and memory modules.  Apparently, this candidate is attracted by the "component base" provided by Toshiba.  Representatives of the last  companies explained that applications for the purchase of assets will be accepted until March 29.  The Corporation also managed to agree with the main creditors on the deferral of payments on loans until the end of April.  The technology of solid-state memory, according to the Japanese authorities, is important for national security and economy, so the deal will be given the closest attention. Related Products :

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