Seagate has announced its participation in the consortium led by Bain Capital Private Equity to acquire Toshiba Memory Corporation, and commits "up to US $1.25 billion" and "expects to enter into a long-term NAND supply agreement".
NAND isn’t the nickname of your grandmother, but the technology in the storage chips inside your smartphones, tablets and computers, with Western Digital announcing an industry first.
It’s not just Samsung that can boast of 3D NAND, but now the storage powerhouse that is WD and SanDisk, who’ll launch 64-layer 3D NAND SSDs in Q3 2017.
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