Western Digital could be set for Kioxia meger
Although it may take some time to complete the acquisition
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Computing giantWestern Digital (WD)is reportedly in advanced talks to take over Japan’sKioxiaHoldings Corporation in a deal that could be valued at over $20 billion.
Kioxia, which already collaborates with WD on multiple fronts, makes NAND flash-memory chips that’s popularly used in everything fromsmartphones, tocomputer servers, and everything in between.
Based on the input of anonymous sources familiar with the matter, theWall Street Journal (WSJ)reports that long-running discussions between the companies have heated up in the past few weeks and a deal could be finalized in a couple of weeks.
If the deal does materialize, the sources tellWSJthat the combined company would probably be headed by WD’s current CEO, David Goeckeler.
Miles to go…
TheWSJhadearlier reportedthat Kioxia was being pursued by both WD and Micron.
Eventually though, Micron reportedly dropped out, but WD continued its quest to acquire the Japanese company. If successful, the WD-Kioxia deal would be the latest in a long string of high-value acquisitions by chip makers all across the board.
WhileIntelis also rumored to be holdingacquisition talks with GlobalFoundries,AMDhas announced itstake over of Xilinxfor about $35 billion, whileNvidia’stakeover of Armis valued at $40 billion.
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Importantly, however, theAMD-Xilinx andNvidia-Armtakeovers haven’t yet cleared all theregulatory hurdles, andWSJopines that the WD-Kioxia deal could also face its fair share of regulatory roadblocks.
ViaWall Street Journal
With almost two decades of writing and reporting on Linux, Mayank Sharma would like everyone to think he’sTechRadar Pro’sexpert on the topic. Of course, he’s just as interested in other computing topics, particularly cybersecurity, cloud, containers, and coding.
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