Western Digital and Kioxia to merge, forming largest NAND flash maker

Western Digital and Kioxia are finalizing a merger agreement expected this month, creating a holding company that will be the world's largest NAND flash memory maker. Western Digital shareholders will own 51% and Kioxia shareholders 49%, with Toshiba owning about 19.6% of the new entity.

“WD hopes that the planned merger will increase the company's competitiveness.”petapixel.com

• 2 sources
• petapixel.comWD and Kioxia to Merge NAND Flash Business and Take on Samsung | PetaPixelJeremy GrayOct 13, 2023
• tomshardware.comWestern Digital and Kioxia to Announce Merge This Month: Report | Tom's HardwareAnton ShilovOct 22, 2023

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