WDC, NAND, NVM, enterprise storage systems, etc. Message Board

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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.

SNDK 175.49

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Oct 28 3:59 PM EDT

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To: Sam who wrote (4752)	1/31/2023 8:47:41 AM
From: Bruno Cipolla	of 4818

forbes.com Some Perspectives On A Potential Kioxia/WDC NAND Merger Recently there have been rumors in the press of a possible merger of Kioxia and Western Digital’s NAND flash and SSD division. Western Digital may have sought a potential buyout of what had been Toshiba Memory (since renamed Kioxia) when it was spun out from Toshiba to raise money to fund operations of the troubled parent company in 2018. More than likely Western Digital was leveraging its flash memory joint venture with Toshiba to get the best terms for its continued NAND flash and SSD business. The recent speculation is driven by a settlement in June 2022 with activist investor Elliot Management saying that WDC would consider separating its hard disk drive and flash memory business. Since then, the company has considered whether creating separate businesses, selling the flash business or other options make sense. Recent rumors indicate that a decision on the future of WDC’s storage ......[click link on top of page]

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