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Western Digital, Kioxia Merger Talks Back On

 |  January 8, 2023

Merger talks between Western Digital and Kioxia appear to have begun again, a move that if successful would consolidate the storage drive industry down to a tiny handful of vendors.

Western Digital, the San Jose, Calif.-based developer of hard and flash storage drives and storage systems, and Kioxia, the Japan-based developer of flash memory and flash storage drives, are considering merging into a single publicly-traded company, Bloomberg reported Wednesday.

Related: Western Digital In $20B Talks To Merge With Kioxia

Both Western Digital and Kioxia responded to a CRN request for further information by saying the companies do not comment on speculation about rumors or M&A activity.

This is not the first time the two companies have considered a merger. Western Digital and Kioxia were discussing a merger in August, 2021, although those talks went nowhere.