KKR is in talks with Toshiba about a preemptive bid for the Japanese company’s memory chips business that would accelerate completion of a sale and end negotiations with other potential acquirers, according to Bloomberg citing people familiar with the matter.
Toshiba is in favor of the proposal from KKR and Innovation Network of Japan because it would simplify regulatory approval and speed up the delivery of much-needed cash, said the people, asking not to be identified because the matter is private. KKR and its partners, which also include Development Bank of Japan, have indicated they would pay 1.8 trillion yen ($16 billion) to 2.1 trillion yen, one of the people said. Western Digital’s CEO plans a trip to Japan this week to discuss joining the group, another person said.
Toshiba has drawn strong interest for the semiconductor unit, but the leading bidders may struggle to close a deal quickly. Hon Hai, for example, has indicated it would be willing to pay as much as 3 trillion yen, but the Japanese and U.S. governments would likely oppose such a sale because of the potential for the Taiwanese company to shift Toshiba’s technology into China. Korea’s Hynix and Broadcom of the U.S. may face tough regulatory reviews because both are already in the chips business.
Western Digital CEO Steve Milligan is coming to Japan to investigate whether he should team up with KKR and INCJ, rather than pursuing his own bid, the person said. The San Jose, California-based company already co-owns a major fabrication facility with Toshiba in Yokkaichi and has indicated it wants to continue owning a stake.
Western Digital has objected to Toshiba’s auction of the business and has said it should have exclusive rights to negotiate for the unit. The involvement of state-backed INCJ and DBJ would likely help any potential acquirer win approval from the Japanese government. Western Digital has also said that it has talked with INCJ and DBJ.
Apple, which uses Toshiba’s chips in its iPhones, wants to ensure steady supply in the market and is said to be among the potential investors. It would likely partner with another bidder and take a minority stake if it gets involved, people familiar with the matter have said. It’s not clear whether Apple would cooperate with KKR or with manufacturing partner Hon Hai or with another potential acquirer.
Automated systems and bots now generate more than half of internet traffic, forcing hosting companies to manage performance, security, and infrastructure costs at the same time. Ivan Čačija argues that business users are no longer buying only storage and computing resources, but the availability and performance of their own operations. AI will reshape both data-centre management and infrastructure requirements, while regional providers can compete through local presence, predictable costs and hybrid models. Fastserver sees its partnership with Blackwall as part of a broader shift towards an integrated platform combining infrastructure, security, traffic protection and automation.
The President of the European Commission, Ursula von der Leyen, has unveiled comprehensive plans to restrict children’s access to social media platforms through the proposed EU Kids Act.
Ericsson Nikola Tesla no longer views artificial intelligence solely as a tool that helps developers write code, but as part of the entire software development lifecycle. At the upcoming ENT Technology Days, taking place from 21 to 25 September, artificial intelligence will also be among the central topics.
Siniša Krajnović, PhD, President of the Management Board of ENT, sees the transformation brought about by artificial intelligence through products, internal processes, and changes in the way work itself is performed, while Jelena Jurišić, Director of Technology of the ENT Group (CTO), explains how specialized AI agents are now part of analysis, design, implementation, testing, and verification. In such a model, autonomy increases gradually, with quality control and human decision-making at critical points. At the same time, the change does not diminish the importance of engineers, but increasingly shifts their role toward architecture, domain understanding, and the management of complex automated systems.