Feeds

Fujitsu and Toshiba chip merger unlikely

Back-pedalling

  • alert
  • submit to reddit
ComputerWire: IT Industry Intelligence

There was confusion yesterday over how far Toshiba Corp and Fujitsu Ltd plan to push the chip alliance the two Japanese electronics giants announced in June.

Far Eastern reports yesterday suggested that contrary to original expectations the two companies will not be exploring an eventual merger of their chip operations. The reports said the companies had failed to agree on a full merger because of Fujitsu's desire to retain control over its chip operations.

A spokeswoman for Fujitsu said yesterday that the company had made no further official comment since the original announcement in June. Back then, she said, the companies had declared their intent to "explore cooperation" and "that stance has not changed."

The companies were looking at ways to cooperate on advanced system on a chip development, and possibly on fab utilization, she said, but had never really expressed any interest in merging their operations.

The original joint statement issued by the two companies in June said that, "As collaboration progresses, the two companies may seek ways to effectively expand the scope of their partnership, including the possibility of integrating their operations."

© ComputerWire

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.