Acquiring Company
Kioxia
Acquired Company
Chubu Toshiba Engineering Corporation
TokyoJapanOtherManufacturingProfessional ServicesSoftwareMobileInternet ServicesTransportationOtherInformation TechnologyProfessional ServicesSoftwareInternet ServicesDescription
Kioxia Holdings Corporation has entered into a definitive agreement with Toshiba Digital Solutions Corporation (a subsidiary of Toshiba Corporation TSE:6502) to acquire all of the outstanding shares of its subsidiary, Chubu Toshiba Engineering (CTE) Corporation, to further strengthen Kioxia Group’s technology development capabilities. Acquisition of the shares will be completed in the first half of 2022, following completion of the necessary procedures, and CTE will become a wholly-owned subsidiary of Kioxia Corporation.
Quick answer
Kioxia is acquiring Chubu Toshiba Engineering Corporation, announced February 24, 2022. Kioxia is based in Tokyo, Tokyo, Japan.
- How much did Kioxia pay for Chubu Toshiba Engineering Corporation?
- The deal value was not disclosed.
- What does Kioxia do?
- Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs).
- Where are Kioxia and Chubu Toshiba Engineering Corporation based?
- Kioxia is based in Tokyo, Tokyo, Japan. Chubu Toshiba Engineering Corporation is based in Japan.
Source: Fundz verified event record.
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Who to call at Kioxia, and when
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Frequently asked
Who acquired Chubu Toshiba Engineering Corporation?
Chubu Toshiba Engineering Corporation was acquired by Kioxia, based in Tokyo. The deal was reported on February 24, 2022. Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). Kioxia is privately held and operates in Other.
When did Kioxia acquire Chubu Toshiba Engineering Corporation?
Kioxia's acquisition of Chubu Toshiba Engineering Corporation was reported on February 24, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Chubu Toshiba Engineering Corporation do?
It is privately held, operating in Other, and is based in Japan.
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