Apple Lossless Audio CODEC (ALAC), is part of a consortium of companies that joined forces to buy the Toshiba division that produces memories for electronic products. Bain Capital, SK Hynix, Dell, Apple and other companies are part of this consortium, they managed to convince those from Toshiba to sell the division to them after several months of intense negotiations, but here it is that everything ends well for the Americans .
Toshiba is going to announce the sale of the division during this day, it seems that those from Apple could be named among the companies participating in its purchase. Toshiba also negotiated a lot with a group of companies supported by Western Digital, but in the end the one of which Apple is a part made the best offer for Toshiba, and thus the company will be saved from bankruptcy after some bad investments made in US.
Western Digital is not satisfied with this result and it seems that it would be interested in blocking the sale through the courts, where it would submit a request in this regard. It seems that Western Digital has invested in one of the factories of the Toshiba division and its consent is needed for the sale to take place, so without it those from Apple would be without an extremely important investment for the company.
The group of companies of which Apple is a part would have made an offer of 22 billion dollars for the Toshiba division that produces memory chips. Of the entire amount, the Apple company would have brought 3 billion dollars to make the offer for those from Toshiba, so it will own a seventh of the Asian company's division that produces memory chips and will ensure a reduction in memory costs in the next years.
"Japan Toshiba has selected a group led by US private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday, the latest dramatic twist to a highly contentious auction. Bain has partnered with South Korean chipmaker SK Hynix and has also brought in US tech firms such as Apple and Dell, both buyers of Toshiba chips, to bolster its offer, which sources have said is worth some $22 billion."
