Part 1/12:
The Overworked Legacy: Toshiba, Westinghouse, and the Fallout of a Nuclear Mistake
In 2006, Toshiba made headlines when it acquired Westinghouse Electric Company for a staggering $5 billion. This acquisition was intended to solidify Toshiba’s position in the nuclear energy market, as Westinghouse was recognized as a leading figure in the industry, a company that had been shaping the landscape of nuclear energy for decades. However, the immediate aftermath of this ambitious venture soon turned disastrous, marking what many consider the worst corporate acquisition in Japanese history.