# Toshiba Memory sale to Bain-led consortium completed

Toshiba completed the sale of its semiconductor memory subsidiary Toshiba Memory to a consortium led by Bain Capital, with Japanese entities including Toshiba and HOYA retaining 50.1% voting rights. The deal was announced in 2017 and closed on June 1, 2018.

- Type: Acquisition
- Announced: 2018-06-01
- Where: Japan
- Status: completed
- Products: NAND flash memory
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Toshiba](https://endata.com/companies/8893.md)
- [Bain Capital](https://endata.com/companies/1000.md) (acquirer)
- [HOYA Corporation](https://endata.com/companies/20501.md) (investor)
- [Toshiba Memory Corporation](https://endata.com/companies/27192.md) (target)

## Sources

- [nikkei.com](https://www.nikkei.com/article/DGXMZO31251000R00C18A6000000/), 2018-06-01: "東芝は1日、日米韓連合に対する東芝メモリの売却手続きが完了したと発表した。"

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