Akin Gump Advises Kingston Technology as Toshiba Microchip Unit Deal Closes
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(Irvine, Calif.) – Toshiba Corporation has announced the closing of its previously announced transaction, whereby it would sell all shares of Toshiba Memory Corporation, a wholly owned subsidiary of Toshiba, to K.K. Pangea, a special purpose company formed and controlled by a consortium led by Bain Capital Private Equity, LP. The consortium includes SK Hynix, Hoya, Apple Inc., Kingston Technology, Dell and Seagate Technology. Akin Gump advised Kingston Technology.
The deal, worth roughly $18 billion, was first announced in September 2017. (Click here to read more.)
The Akin Gump team advising Kingston Technology was led by corporate partner Paul Lin. It included fellow corporate partners Jeffrey Kochian, Carlos Bermudez and Meng Ru; intellectual property partner Kevin McBride; and litigation partner Hyongsoon Kim.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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