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Micron reaches deal to acquire Elpida
Micron Technology and Elpida Memory's trustees have reached an agreement for Micron to acquire Elpida. Micron also announced a separate agreement with Powerchip Technology and certain of its affiliates to acquire the Powerchip group's 24% share of Rexchip Electronics. The transactions are expected to close in the first half of 2013.
IN THE NEWS
Tuesday 8 May 2012
Commentary: A Micron-Elpida merger would improve DRAM industry health
Micron Technology reportedly has reached the final stage of talks on the purchase of Elpida Memory. The possible merger of Micron and Elpida will help to restore a healthier supply-demand...