Wednesday, February 1, 2023

Western Digital raised $900M from Apollo Global and Elliott, sources say as a precursor to a merger with Japan's Kioxia, as the memory chip industry struggles (Bloomberg)

Bloomberg:
Western Digital raised $900M from Apollo Global and Elliott, sources say as a precursor to a merger with Japan's Kioxia, as the memory chip industry struggles  —  Western Digital Corp. is receiving a $900 million investment led by Apollo Global Management Inc., getting financial firepower …



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How internet censorship tech maker Sandvine, a vendor to repressive regimes like Egypt, nearly collapsed before US restrictions forced new ownership and a pivot (Ryan Gallagher/Bloomberg)

Ryan Gallagher / Bloomberg : How internet censorship tech maker Sandvine, a vendor to repressive regimes like Egypt, nearly collapsed bef...