Toshiba Corporation announced that its subsidiary Toshiba Electronic Devices & Storage Corporation, resolved at its board of directors' meeting held on November 13th, 2019 to acquire the shares of NuFlare Technology, Inc. through a tender offer under the Financial Instruments and Exchange Act of Japan "Act No. 25 of 1948, as amended". So, Toshiba Electronic Devices & Storage acquired 100% shares of NuFlare Technology, Inc. as a subsidiary Company.