Toshiba to the rescue? The Japanese electronics giant may try to stave off a Samsung takeover of SanDisk.
In the aftermath of Samsung's $5.8 billion bid for flash memory supplier SanDisk and SanDisk's unceremonious rejection, Toshiba looms as a large and potentially obstructive factor to a deal.
Toshiba and SanDisk have a partnership dating back to 1999 and operate two joint ventures called Flash Partners and Flash Alliance, as EE Times spelled out this week in an analysis of the dynamics of a possible deal.
SanDisk has a 49.9 percent interest in each of the two … Read more