|Toshiba Memory Holdings Corporation|
|Founded||June 1, 2018|
(President and CEO)
Kioxia Holdings Corporation, simply known as Kioxia (stylized as KIOXIA), is a Japanese multinational computer memory manufacturer headquartered in Tokyo, Japan. The company was spun off from the Toshiba conglomerate (though maintains 40.2% equity stake) as Toshiba Memory Corporation (東芝メモリ株式会社 Tōshiba Memori Kabushiki-gaisha) in 2018 and became a wholly owned subsidiary company of Toshiba Memory Holdings Corporation (TMHC) on March 1, 2019. On July 18, 2019, TMHC announced it will change its name to Kioxia on October 1, 2019, including all Toshiba Memory companies. Kioxia is a combination of the Japanese word kioku meaning memory and the Greek word axia meaning value.
Kioxia (then TMHC) announced on August 30, 2019, that it signed a definitive agreement to acquire Lite-On's SSD business for US$165 million. The transaction is expected to close by the first half of 2020.
- Toshiba Corporation, the former parent company.
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- Mellor, Chris (23 November 2018). "Grandmaster flash Samsung dominated SSD market in 3Q2018". www.theregister.co.uk. Retrieved 2019-05-17.
- Duckett, Chris (2 September 2019). "Toshiba Memory picks up Lite-On SSD business in $165 million deal". ZDNet. Retrieved 20 November 2019.
- "Toshiba Memory to Acquire the SSD Business of Taiwan's LITE-ON Technology" (PDF). August 30, 2019. Retrieved September 6, 2019.
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