Western Digital in Advanced Talks To Merge With Japan's Kioxia Holdings (reuters.com) 15
Western Digital is in advanced talks for a potential $20 billion stock merger with Japanese semiconductor firm Kioxia Holdings, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Reuters: The companies could reach an agreement as early as mid-September, and Western Digital Chief Executive Officer David Goeckeler would run the combined firm, the report said. The news sent Western Digital's shares up as much as 15% in afternoon trading to a market cap of $21.45 billion. Kioxia Holdings, the world's second-largest maker of flash memory chips, last year shelved plans for what would have been Japan's largest initial public offering in 2020. In June, however, financial magazine Diamond said the company was planning an IPO as early as September.
I've had pretty good luck with WD drives (Score:2)
I'm wondering what happens to WD "cloud services" when this is blindly approved by paid off government agents.
Re: (Score:3)
Governments across the world have in fact been paying more and more attention to potential monopolies in last decade. EU has been issuing more and more fines to monopolists where they find them, and nvidia's arm deal is looking rather poor in UK and US. Even China has started reigning big tech companies in.
So I wouldn't bet on it being "blindly approved by paid off government agents" if there are actual problems with this merger. The trend is strongly toward more anti-monopoly enforcement, not less.
Re: (Score:2)
Governments across the world have in fact been paying more and more attention to potential monopolies in last decade. EU has been issuing more and more fines to monopolists where they find them, and nvidia's arm deal is looking rather poor in UK and US. Even China has started reigning big tech companies in.
So I wouldn't bet on it being "blindly approved by paid off government agents" if there are actual problems with this merger. The trend is strongly toward more anti-monopoly enforcement, not less.
Toshiba Memory was a long time fab parthner of Sandisk, owning the Fabs 50-50. Now that Toshiba Memory became Kioxia, and Sandisk is a part of Western Digital, that arrangement is mantained.
So, this deal does not affect too much technology, flash output or competition, afer all, the flash chips remain the same, no mater if they are branded and sold by Kioxia or by Sandisk/WD. After all, those flash chips are made in the same fabs, by the same engineers, with the same machines.
This is one of a few deals whic
Re: (Score:2)
"Even China"? On the one hand they are commie bastards, on the other they are hardcore free market capitalists who don't like to regulate. Which is it?
Re: (Score:2)
When you're so utterly delusional, that you think that Communists in China are "capitalists who don't like to regulate" at time when Communist party has been imprisoning industry barons for "not following party regulations and corrupting the system" in record numbers.
I'm waiting with baited breath how you'll next tell me how Taliban are champions of women's rights.
Re: (Score:2)
You seem to be confusing me with someone else.
Re: (Score:2)
I'm not sure why you are apparently trying to gaslight me into believing that there were two different people posting a single post above.
Is this a bad joke?
Re: (Score:2)
You said
"you think that Communists in China are "capitalists who don't like to regulate" at time when Communist party has been imprisoning industry barons for "not following party regulations and corrupting the system" in record numbers."
I'm saying that I didn't say that. I was responding to your "even China" comment, pointing out that it would be weird if they didn't do it. They aren't really communists but they are definitely very concerned about runaway capitalism that hurts the majority.
Re: (Score:2)
This idiotic gaslighting is absurd. I did nothing but replied to this nonsensical post of yours.
https://slashdot.org/comments.... [slashdot.org]
>They aren't really communists
Of course they aren't. Because real communists would usher in the utopia. The fact that they follow the communust creed, the communist tenets and are communists... Well that's just irrelevant!
Re: (Score:2)
No, because Chinese communism is not the same as what was tried in the USSR or the original ideas of Marxism, it's something else entirely.
Re: (Score:2)
Real communism has never been tried, take n, where n is a very large number.
Do you know why nazis are better people than far left nutjobs like you? In addition to being less genocidal and less enslaving, they also at least partially admit to their faults.
Re:I've had pretty good luck with WD drives (Score:4, Informative)
I'm wondering what happens to WD "cloud services" when this is blindly approved by paid off government agents.
Funny that, I hope many readers mod you funny. But on a more serious note:
This deal concerns the division of Western Digital that makes flash memory, the brand name being SANDISK.
The HDD division will continue Bussiness as Usual, so, whatever happens to your Cloud Services (including the remote deletion of data) will not be affected by this deal.
On a related note, Sandisk has been a long time fab parthner of Toshiba Memory, owning the Fabs 50-50. Now that Toshiba Memory is Kioxia, and Sandisk is a part of Western Digital, that arrangement is mantained, so, this deal does not affect too much technology, flash output or competition...
I'm wary. (Score:1)
Kioxia is a renamed Toshi(t)ba.
I've had (and seen) nothing good come out of Toshi(t)ba.
Lots of promises and shit follow-through and support.
Re: I'm wary. (Score:1)
Kioxia is a renamed Toshi(t)ba.
Sounds like an sexual disfunction drug for women.
I've had (and seen) nothing good come out of Toshi(t)ba. Lots of promises and shit follow-through and support.
Toshiba's the zaibatsu that sold advanced (five axis?) milling equipment to the Soviets, allowing them to machine non-cavitating props for their subs... My first CD player was a Toshiba - a tiny top-loader with an odd red stripe around it and toslink, which I never again on a disc player for at least a decade.