https://apnews.com/f7e9597cb4204b078f3d0d7e00cb1c40

TOKYO (AP) — The buyers of Toshiba Corp.'s memory device operations are promising to invest in technology development and manufacturing facilities to stay competitive, although they stopped short of giving a specific monetary amount or naming a new factory site.

The 2 trillion yen ($18 billion) deal for the consortium led by Bain Capital Private Equity to acquire Toshiba Memory closed June 1 after clearing anti-trust regulatory approval.