ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Economy

Western Digital couldn't quit lucrative venture with Toshiba

Limits to stock transfers and technological access sealed the deal, CEO says

HIROMI SATO, Nikkei staff writer | Japan

PALO ALTO, U.S. -- The head of Western Digital, Toshiba's chipmaking partner, on Tuesday outlined the factors that helped the two sides resolve a dispute over the Japanese group's planned sale of its memory unit.

"The two companies have established appropriate protections for intellectual property to adapt to changing corporate ownership structures," CEO Steve Milligan said during a conference call. "In addition, we have put in place equity transfer restrictions" on Toshiba Memory, he added.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more