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Mergers: Kioxia will be bought soon
  • Vitaliy_KiselevVitaliy_Kiselev

    Micron and Western Digital are concurrently exploring a potential deal with Japanese semiconductor manufacturer Kioxia. As a result of the transaction, the company's valuation could reach $30 billion.

    Kioxia had planned an initial public offering, but postponed it at the end of September, citing the coronavirus pandemic and market volatility. According to sources, the company could still hold an IPO before the end of the year if it does not reach an agreement on a deal with one of its potential buyers.

    Cartel on NAND market can become even tighter.

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