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Toshiba eyes co owned sandisk japanese flash factories
Toshiba wants to buy SanDisk's share of the two firms' jointly owned Japanese manufacturing facilities, it has been claimed. The finger has been pointed at Samsung's attempt to acquire SanDisk, Japanese-language newspaper Nikkei reports, with Toshiba apparently unwilling to let its rival acquire a stake in the Flash memory ventures it current co-owns with SanDisk. So, before Samsung can acquire the American company - if it purchases the firm - Toshiba wants to buy out SanDisk's share of the two joint-ventures, both companies running Flash memory factories in Mie Prefecture, Japan. According to the paper, Toshiba would cough up up to 100bn ($984m) for SanDisk's 49.9 per cent stakes in the JVs. That's cash SanDisk could use right now - it's been hit hard by falling Flahs prices. Free whitepaper: Extended Validation SSL Certificates Tags: Caravan Storage Storage Technology Packing Boxes Storage Locker Online Store Portable Storage Portable Storage Container File Storage Server Storage Facility Linksys Network Storage Mimosa Boosts E Discovery Dot Hill Wins Vmware Certification Sandisks Nand Flash White Knight |
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