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Western Digital to spin off flash memory business after Kioxia merger talks collapse

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As far back as mid-2021, we heard rumblings that Western Digital was in advanced talks to merge with Japan’s Kioxia (formerly known as Toshiba Memory). The two.
The big picture: Western Digital is not going to merge with Kioxia after all, seemingly bringing an end to years of speculation and rumors on the subject. Had Western Digital and Kioxia been able to merge as originally planned, it would have created a company that controlled roughly a third of the NAND flash supply worldwide.
As far back as mid-2021, we heard rumblings that Western Digital was in advanced talks to merge with Japan’s Kioxia (formerly known as Toshiba Memory). The two sides spent more than two years trying to hammer out all of the details.

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