Western Digital Corp. is in talks to merge with Japan’s Kioxia Holdings Corp. in a deal that could unite two technology storage providers, according to a person familiar with the matter.
A deal, which could be worth more than $20 billion, may be reached by mid-September at the earliest if negotiations are successful, the person said, asking not be identified because the matter is private. Talks could still fall apart and Kioxia, which is closely held, is still also pursuing an initial public offering, the person added.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.