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Toshiba said today it will sell its memory business to a consortium led by Boston-based Bain Capital for about $18B! Quite an interesting turn of events. The Japanese government is part of the consortium and I'm really happy to see Apple get a big piece of this one. Dell, Seagate, Kingston, and SK Hynix also got smaller pieces. Bad news for Samsung, absolutely.
Hynix is part of the deal so that is a plus for them. The biggest loser is Samsung. It is also good for the semiconductor equipment market. Hopefully this deal goes through. There are still some hurdles.