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M&A Deal Summary

Kioxia Acquires Chubu Toshiba Engineering

On February 24, 2022, Kioxia acquired semiconductors company Chubu Toshiba Engineering

Acquisition Highlights
  • This is Kioxia’s 1st transaction in the Semiconductors sector.
  • This is Kioxia’s 1st transaction in Japan.

M&A Deal Summary
Date 2022-02-24
Target Chubu Toshiba Engineering
Sector Semiconductors
Buyer(s) Kioxia
Deal Type Add-on Acquisition

Target

Chubu Toshiba Engineering

Nagoya City, Japan
Chubu Toshiba Engineering is specializing in semiconductor related hardware and software design, prototyping and evaluation. Chubu Toshiba Engineering was founded in 1992 and is based in Nagoya City, Japan.

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Buyer(S) 1

Buyer

Kioxia

Tokyo, Japan
Category Company
Founded 2017
Sector Technology Hardware
DESCRIPTION

Kioxia is a provider of non-volatile memory solutions. The products can be found embedded in smartphones, MP3 players, satellite navigation systems, digital still cameras and digital video recorders. KIOXIA also produces a wide range of digital media storage devices such as SDHCTM, SDXCTM, microSDTM, and FlashAirTM wireless memory cards and USB flash drives to meet the growing storage needs of electronic devices. Kioxia was founded in 2017 and is based in Tokyo, Japan.

DEAL STATS #
Overall 2 of 2
Sector: Semiconductors M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Japan M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-30 Lite-On Technology - SSD Business

Taiwan

Lite-On Technology Corp. - SSD Business is a provider of Solid State Drives in Taiwan.

Buy $165M
Mergr

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