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I am the President of Coughlin Associates and a storage analyst and consultant. I have over 37 years in the data storage industry with multiple engineering and management positions. I have many publications and six patents to my credit. I am also the author of Digital Storage in Consumer Electronics: The Essential Guide, the second edition was published by Springer. Coughlin Associates provides market and technology analysis (including reports on several digital storage technologies and applications and a newsletter) as well as Data Storage Technical Consulting services. I publish a Digital Storage in Consumer Electronics Report, a Media and Entertainment Storage Report, and an Emerging Memory Report. I am active with SMPTE, SNIA, IDEMA, the IEEE and other professional organizations.

I am the founder and organizer of the Annual Storage Visions Conference (www.storagevisions.com), as well as the Creative Storage Conference (www.creativestorage.org). I was general chair of the Flash Memory Summit for 10 years. I am also a Fellow of the IEEE and a member of the Consultants Network of Silicon Valley (CNSV).

For more information about me and my publications, go to www.tomcoughlin.com. The author is a Forbes contributor. The opinions expressed are those of the writer. The Toshiba memory unit saga gets more and more complicated.

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After failing to reach an agreement with Western Digital by the end of August, Toshiba said that it has signed an MOU to sell its memory unit to a consortium led by U.S. Private equity company, Bain Capital and Korean flash memory manufacturer SK Hynix. The reported offer from this group is for about $22 B. At the same time, Toshiba indicated that it did not rule out a deal with other suitors, including Western Digital.

Bain Capital said in a statement that the consortium includes Apple as well as Dell. It also includes Kingston Technology and Seagate Technology.

Bain indicated that it would honor the contractual terms of the Western Digital joint venture with Toshiba. Toshiba is said that be looking to wrap up the terms of selling its chip business to the Bain consortium by the end of September. Note that the Bain consortium (without large players such as Apple and Dell) had been selected by Toshiba to take over its memory business in July, but Western Digital objected, leading to talks in August between Toshiba and Western Digital that resulted in Western Digital apologizing for strained ties after WD sued to keep the memory joint venture from being sold to rival bidders. Western Digital has asked for international arbitration of any sale with a right to refuse approval of any offer that doesn’t respect its joint venture agreement with Toshiba. It filed arbitration requests on May 14 and July 5 this year. On September 13, Western Digital issued a statement about the Toshiba decision to engage again with the Bain group. The Western Digital statement said, “We are disappointed that Toshiba would take this action despite Western Digital’s tireless efforts to reach a resolution that is in the best interests of all stakeholders.