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Kioxia To Acquire Chubu Toshiba Engineering

RECENTLY ACQUIREDFeb 24, 2022

Acquiring Company

Kioxia

Acquired Company

Chubu Toshiba Engineering Corporation

TokyoJapanOtherManufacturingProfessional ServicesSoftwareMobileInternet ServicesTransportationOtherInformation TechnologyProfessional ServicesSoftwareInternet Services

Description

Kioxia Holdings Corporation has entered into a definitive agreement with Toshiba Digital Solutions Corporation (a subsidiary of Toshiba Corporation TSE:6502) to acquire all of the outstanding shares of its subsidiary, Chubu Toshiba Engineering (CTE) Corporation, to further strengthen Kioxia Group’s technology development capabilities. Acquisition of the shares will be completed in the first half of 2022, following completion of the necessary procedures, and CTE will become a wholly-owned subsidiary of Kioxia Corporation.

Company Information

Company

Kioxia

Location

Tokyo, Tokyo, Japan

About

Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. Kioxia is committed to uplifting the world with memory by offering products, services and systems that create choice for customers and memory-based value for society. Kioxia's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, SSDs, automotive and data centers.

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Frequently asked

Who acquired Chubu Toshiba Engineering Corporation?

Chubu Toshiba Engineering Corporation was acquired by Kioxia, based in Tokyo. The deal was reported on February 24, 2022. Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). Kioxia is privately held and operates in Other.

When did Kioxia acquire Chubu Toshiba Engineering Corporation?

Kioxia's acquisition of Chubu Toshiba Engineering Corporation was reported on February 24, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Chubu Toshiba Engineering Corporation do?

It is privately held, operating in Other, and is based in Japan.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.