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As companies realign their priorities to better reflect economic realities, joint ventures appear to be a popular area of focus. Over the past few weeks, we've seen a number of companies delay, restructure or abandon JVs altogether. The most high profile in the group is Kuwait Petrochemical Industries Co., which...
Posted on January 30, 2009 12:40 PM
Oversupply and weak demand in the semiconductor industry is strangling Tokyo's Toshiba Corp. It has been widely reported that Toshiba is in talks to merge part of its chip operations with the semiconductor unit of NEC Corp., the Japanese PC maker that just said it would cut 20,000 jobs. Industry...
Posted on January 30, 2009 12:16 PM
Japan's Toshiba Corp. is talking with Fujitsu Ltd. to buy its money-losing hard-disk drive business for somewhere between ¥30 billion and ¥40 billion ($350 million and $450 million). If the deal goes through, it would make Toshiba the largest hard-drive producer in the world, but would put it in direct...
Posted on January 14, 2009 9:35 AM
Seemed like a good idea at the time. That's what memory chipmaker SanDisk Corp., which is cutting fab production, may be thinking as it looks back on its success in thwarting a $5.85 billion Samsung Corp. takeover. SanDisk called the bid opportunistic as its share price was dragged down by...
Posted on December 16, 2008 1:54 PM
South Korea's Samsung Electronics Co. Ltd., the world's No. 2 chipmaker, walked away from its proposed $5.85 billion acquisition of SanDisk Corp., saying the target's "risk profile" increased. SanDisk's $1 billion JV deal with Toshiba Corp. on Monday helped to sour Samsung on its acquisition hopes. SanDisk and Toshiba operate...
Posted on October 22, 2008 9:35 AM
SanDisk Corp. shares took a nosedive Monday as it signed a nonbinding memorandum of understanding with Tokyo's Toshiba Corp. The world's largest supplier of flash storage cards said it was selling about 30% of the current manufacturing capacity of the parties' joint ventures to Toshiba. SanDisk expects to receive...
Posted on October 20, 2008 12:06 PM
Shares of SanDisk Corp., the world's largest supplier of flash storage card products, skyrocketed Wednesday after it was confirmed that Samsung Electronics Co. Ltd. is trying to acquire the firm. SanDisk rejected Samsung's $26 per share, or $5.85 billion, offer, which -- depending on how you look at it --...
Posted on September 17, 2008 11:58 AM
There's been lots of speculation about whether Samsung Electronic Co. Ltd. is planning to buy SanDisk Corp. for $3 billion. For some perspective on a possible deal and on consolidation in the flash memory industry, we turned to Karl Roberts and David Simon of the management consulting and restructuring firm...
Posted on September 16, 2008 8:39 AM
It looks like we may have an answer to our previous question, "Will Samsung acquire SanDisk?" Samsung Electronics Co. Ltd., the world's No. 2 chipmaker, already pays several hundred million dollars a year to use SanDisk Corp. patents. That may have seemed like justification enough to pay around $3 billion for the flash storage market leader, but as dealmakers know, M&A issues run far deeper on cross-border deals...
Posted on September 11, 2008 11:57 AM
Samsung Electronics Co. Ltd. may acquire Milpitas, Calif.'s SanDisk Corp., the world's largest supplier of flash storage card products. Lehman Brothers Holdings Inc. estimates show Samsung already pays $400 million to $500 million annually to use SanDisk's flash memory patents, which could be reason enough to justify the acquisition ...
Posted on September 5, 2008 9:11 AM
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