TOKYO -- The Innovation Network Corp. of Japan will enter into negotiations with Western Digital on partnering to purchase Toshiba's memory unit, though preliminary talks suggest that they have a wide gap to bridge.
The Japanese public-private fund's Innovation Network Committee will meet Tuesday to examine the state of the Toshiba Memory sale. The INCJ hopes to sort out any potential investment by around mid-June, before Toshiba's general shareholders meeting late that month.
