Soros’ Quantum Buys Struggling Violin Memory

After several tumultuous years, all-flash array (AFA) pioneer Violin Memory is finally moving on to another chapter of its business, and this one doesn’t involve bankruptcy. Literally clinging to life, the company announced Monday that it has been acquired by Quantum Partners, a private investment fund managed by Soros Fund Management.… Read More

Apple Said to Consider Helping Toshiba With Chip Unit Investment

The iPhone maker is actively looking at options for helping the troubled Japanese company by investing in its semiconductor unit, which has been put up for sale, according to people familiar with the matter. Apple is considering a range of options from partnering with Taiwan’s Hon Hai Precision Industry Co.… Read More

Toshiba Said to Put Temporary Hold on Memory Chip Sale Process

Toshiba Corp. temporarily canceled all meetings and decisions related to the sale of its memory chip business to address concerns raised by an industry partner, according to people familiar with the matter. Toshiba is trying to sell the business to raise much-needed cash, and the company has been narrowing down… Read More

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