Micron (MU) and Western Digital (WDC) Eye $30B Deal for Chip Maker Kioxia - DJ

April 1, 2021 6:13 AM EDT

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Micron Technology (NASDAQ: MU) and Western Digital (NASDAQ: WDC) are each exploring a potential deal for Kioxia Holding that could value the Japanese semiconductor company at around $30 billion, according to Dow Jones, citing people familiar with the matter.

Kioxia is controlled by private-equity firm Bain Capital.

If a deal comes together it could be finalized late this spring.

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