Toshiba Memory Corporation is a new, privately owned company formed to acquire Toshiba's (NASDAQOTH: TOSBF) storage memory business. The new company was formed via consortium, with U.S. private equity firm Bain Capital leading the way, along with a veritable who's who of the tech industry.The new entity is one of only six producers of NAND flash and one of only three producers of hard disk drives, the "new tech" and "old tech" of the storage industry, respectively.
Get Ready For This Monster Ipo...in 3 Years
newsfeedback@fool.com (Billy Duberstein), The Motley Fool
Tue, 06/26/2018 - 4:17pm
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