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Western Digital Corp (WDC.OQ)

WDC.OQ on NASDAQ Stock Exchange Global Select Market

86.41USD
20 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Toshiba "disappointed" by Western Digital's initiation of additional arbitration
Thursday, 21 Sep 2017 06:01am EDT 

Sept 21 (Reuters) - Toshiba Corp <6502.T>:Toshiba issues statement regarding request for arbitration filed by Western Digital's Sandisk concerning investment in Toshiba's fab 6​.Toshiba Corp - "has ‍not yet received a formal copy of arbitration request, and is therefore not in a position to comment regarding its substance​".Toshiba Corp says Toshiba is "disappointed" by Western Digital's initiation of additional arbitration.  Full Article

‍Moody's says Toshiba's announced sale of memory business is credit positive
Thursday, 21 Sep 2017 05:43am EDT 

Sept 21 (Reuters) - Toshiba Corp <6502.T>::‍Moody's says Toshiba's announced sale of memory business is credit positive, no immediate ratings impact​.  Full Article

Western Digital says CEO Stephen Milligan's 2017 annual compensation was $17.9 mln vs $10.5 mln in 2016
Monday, 18 Sep 2017 04:37pm EDT 

Sept 19 (Reuters) - Western Digital Corp :Western Digital Corp - CEO Stephen D. Milligan's 2017 annual compensation was $17.9 million versus $10.5 million in 2016 - SEC filing‍​.Western Digital Corp says CFO Mark Long's fy 2017 total compensation was $8.1 million - SEC filing.Western Digital Corp says COO Michael Cordano's fy 2017 total compensation was $9.5 million versus $8.3 million in fy 2016.  Full Article

Toshiba comments on Western Digital’s statement regarding NAND flash-memory collaboration ‍​
Thursday, 14 Sep 2017 10:25am EDT 

Sept 14 (Reuters) - Toshiba Corp <6502.T>::Toshiba comments on Western Digital’s statement regarding NAND flash-memory collaboration ‍​.Expects and is fully committed to completing a sale of Toshiba Memory Corporation by March 2018.Looks forward to a favorable resolution of SanDisk and Western Digital's "claims in arbitration‍​".  Full Article

Toshiba comments on Western Digital's statement regarding NAND flash-memory collaboration
Wednesday, 13 Sep 2017 11:45pm EDT 

Sept 13 (Reuters) - Toshiba Corp <6502.T>:Toshiba comments on Western Digital's statement regarding NAND flash-memory collaboration.Toshiba expects and is fully committed to completing a sale of TMC by March 2018.Agreements between Sandisk and Toshiba provide no reasonable basis for Western Digital's assertions that it's entitled to prevent sale of TMC.  Full Article

‍Elastifile - closed a $16 mln funding round, led by Western Digital Capital​
Wednesday, 6 Sep 2017 09:00am EDT 

Sept 6 (Reuters) - Elastifile Ltd:‍Elastifile - has closed a $16 million funding round, led by Western Digital Capital​.  Full Article

Nintendo Partners with Western Digital® to create licensed switch sandisk memory cards
Friday, 1 Sep 2017 09:00am EDT 

Sept 1 (Reuters) - Western Digital Corp :Nintendo Partners with Western Digital® to create licensed nintendo switch Sandisk® memory cards.Western Digital-partnership to create nintendo-licensed memory cards for use in nintendo switch; cards to be available in capacities of 64 GB and 128 GB​.  Full Article

Western Digital to buy Tegile Systems
Tuesday, 29 Aug 2017 09:00am EDT 

Aug 29 (Reuters) - Western Digital Corp :Western Digital enters into agreement to acquire Tegile Systems to accelerate enterprise data center systems strategy, broaden product portfolio and expand customer footprint.Western Digital Corp - ‍financial terms of transaction were not disclosed.​.Entered into a definitive agreement under which Tegile will be acquired by Western Digital.  Full Article

Western Digital announces acquisition of Upthere
Monday, 28 Aug 2017 04:30pm EDT 

Aug 28 (Reuters) - Western Digital Corp :Western Digital announces acquisition of Upthere.‍financial terms of transaction were not disclosed​.Western digital Corp says Barbara Nelson will lead Western Digital's cloud services business.  Full Article

Toshiba begun negotiations with Western Digital in hopes of reaching agreement this month to sell its flash memory arm - Nikkei
Tuesday, 22 Aug 2017 01:12pm EDT 

Aug 22 (Reuters) - Nikkei::Toshiba has begun negotiations with Western Digital in hopes of reaching agreement this month to sell its flash memory arm - Nikkei.  Full Article

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Toshiba discussing joint investment in chips with Western Digital

YOKKAICHI, Japan Toshiba Corp said it is discussing joint investment in a new chip production line with Western Digital Corp - its estranged business partner after the Japanese firm chose a different suitor to buy its $18 billion semiconductor business.