Feeds

Toshiba eyes co-owned SanDisk Japanese Flash factories

Get your mitts off, Samsung

Security for virtualized datacentres

Toshiba wants to buy SanDisk's share of the two firms' jointly owned Japanese manufacturing facilities, it has been claimed.

The finger has been pointed at Samsung's attempt to acquire SanDisk, Japanese-language newspaper Nikkei reports, with Toshiba apparently unwilling to let its rival acquire a stake in the Flash memory ventures it current co-owns with SanDisk.

So, before Samsung can acquire the American company - if it purchases the firm - Toshiba wants to buy out SanDisk's share of the two joint-ventures, both companies running Flash memory factories in Mie Prefecture, Japan.

According to the paper, Toshiba would cough up up to ¥100bn ($984m) for SanDisk's 49.9 per cent stakes in the JVs. That's cash SanDisk could use right now - it's been hit hard by falling Flahs prices.

Providing a secure and efficient Helpdesk

More from The Register

next story
Docker's app containers are coming to Windows Server, says Microsoft
MS chases app deployment speeds already enjoyed by Linux devs
IBM storage revenues sink: 'We are disappointed,' says CEO
Time to put the storage biz up for sale?
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
Windows 10: Forget Cloudobile, put Security and Privacy First
But - dammit - It would be insane to say 'don't collect, because NSA'
Symantec backs out of Backup Exec: Plans to can appliance in Jan
Will still provide support to existing customers
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
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.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.