KIOXIA To Close Merger Deal with Western Digital Very Soon

KIOXIA and Western Digital are best for their storage products which many of us are likely using in our rigs as they both offer good storage solutions. Recent news has come forward from (Via TPU) that the two companies are close to closing a merger deal.

WD and KIOXIA Merger

The two companies are expected to be closing a merger deal as early as the end of the month. The deal will leave Western Digital shareholders owning more than 50 percent of the company with Kioxia shareholders holding the remaining stakes. This deal does of course have to face up against market authorities, especially with the highly volatile nature of the global semiconductor market a the moment as the move could have quite an effect on competition. It is also claimed that Japanese megabanks including MUFG and the Development Bank of Japan have been considering providing loads of up to 1.9 Trillion Yen (£10.4 Billion) to expedite the merger.

Jakob Aylesbury

Disqus Comments Loading...

Recent Posts

The Second Most Played Game On Steam Is Just a Banana

Banana is a game on Steam where you simply click on a picture of a…

23 hours ago

Wells Fargo Terminates Employees Over Fake Work Allegations

Wells Fargo & Co has fired more than a dozen employees for allegedly faking work.…

24 hours ago

Pro Gamersware @ Computex 2024

Computex 2024: It's fair that some of you may not know who Pro GamersWare (PGW),…

1 day ago

KVIDIO Bluetooth Over Ear Headphones

HIGH FIDELITY STEREO HEADPHONES: KVIDIO upgraded bluetooth headphones with dual 40mm drivers and noise isolation…

2 days ago

KOORUI 27 Inch Gaming Monitor

【 27‘’ FHD Computer Monitor 】 KOORUI 27 inch Full HD ( 1920x1080 ) 16:9…

2 days ago

ADMI | Gaming PC

PROCESSOR: AMD Ryzen 5500 4.2Ghz Turbo Six Core CPU - Awesome Performance for power-hungry applications…

2 days ago