Apple is wading into the middle of the battle for Toshiba’s memory-chip business. The Cupertino iPhone maker is in talks with Bain Capital to bid for the unit, in competition with a group that includes KKR & Co. and Western Digital Corp., according to people familiar with the matter. Bain had previously submitted a $19 billion offer with another group that included state-backed Innovation Network Corp. of Japan and Development Bank of Japan. Apple depends on flash memory from Toshiba in its iPhones and iPods and wants a continued supply so it’s not dependent on rival Samsung. “There are supply shortages of that type of memory,” Michael Walkley, an analyst with Canaccord Genuity.
NYS Entity Status
NYS Filing Date
OCTOBER 09, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - A & S DEVELOPING CORP.
Around the Web
- Apple in talks with Bain for Toshiba chip business
By Takako Taniguchi and Peter Elstrom - Thursday Aug 31, 2017
- New Development: Soft in the Middle, Splashy Up Top
By STEFANOS CHEN - Friday Sep 15, 2017
The luxury market in New York is pulling in two directions, with developers betting on big-ticket palatial aeries and million-dollar “starter” homes.
- Near The East River, Plans Emerge For NY’s Next Life Science Center
By Ben Fidler - Monday Aug 21, 2017
At a time when biotech incubators and shared spaces are beginning to multiply in Manhattan, work on what could rank among the city’s largest biotech centers—if it can all come together—is just getting underway. According to Paul Wexler, a longtime healthcare-focused real estate broker, construction should begin next year on what is being called the […]
- SoftBank-led $114M Round Puts Qualcomm’s Brain Corp. on New Path
By Bruce V. Bigelow - Thursday Jul 20, 2017
San Diego’s Brain Corp., founded in 2009 as a Qualcomm-incubated startup to develop software and computer systems that emulate the human brain, seems to have found a new path forward. SoftBank’s new Vision Fund has led a $114 million investment to advance the company’s artificial intelligence technology. Qualcomm Ventures, which previously invested about $11 million […]
- Harvey Techies Pass Baton, And APIs, To Florida Peers as Irma Nears
By Angela Shah - Friday Sep 8, 2017
Houston—As Tropical Storm Harvey made landfall in Houston, Florida resident Leah Halbina messaged friends in the city asking how she could help. That was how she found out about Sketch City and the various civic tech projects the group and others were developing to aid rescue efforts, help people find shelter, and tend to other […]
- TEHRAN’S TURN: Hezbollah: Iran’s Middle East Agent, Emissary and Hammer
By BEN HUBBARD - Sunday Aug 27, 2017
The “Party of God” has evolved from a Lebanese militant group into the spearhead of an international militia network led by Tehran.