# Silver Lake and Broadcom bid $18B for Toshiba chip unit

Silver Lake and Broadcom have teamed up to attempt to acquire Toshiba's semiconductor business for nearly $18 billion. Toshiba is selling its NAND flash memory unit to cover losses from Westinghouse's bankruptcy.

- Type: Acquisition
- Announced: 2017-04-01
- Where: Japan
- Value: $18.0B
- Status: rumored
- Products: NAND flash memory, semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Toshiba](https://endata.com/companies/8893.md) (target)
- [Broadcom](https://endata.com/companies/19514.md) (acquirer)
- [Silver Lake](https://endata.com/companies/23251.md) (investor)

## Sources

- [thearabianpost.com](https://thearabianpost.com/silver-lake-and-broadcom-eye-18bn-toshiba-chip-unit/), 2017-04-01: "Silver Lake, the tech-focused private equity group, has teamed up with US chipmaker Broadcom in an attempt to acquire Toshiba’s semiconductor business for nearly $18bn."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.