Western Digital CEO apologizes to Toshiba for friction over chip unit sale

TOKYO (Reuters) – The head of Western Digital Corp (WDC.O) apologized to Toshiba Corp’s (6502.T) CEO for strained ties after it sued the Japanese company to keep their memory chip joint venture from being sold to rival bidders, according to a letter dated Aug. 11. “I understand that the litigation and ongoing disputes have created […] Read more »

HPE Said to Plan Sale of Its Software Unit

Hewlett Packard Enterprise is said to be looking to sell its software division, which would include the business from its disastrous acquisition of Autonomy in 2011, according to news reports. The enterprise IT company that emerged from the breakup of Hewlett-Packard has been restructuring its operations recently, including a $ 8.5 billion deal announced in May […] Read more »