EE Times reports Micron didn't only acquire Elpida, but also revealed it will buy 24 percent of Rexchip. Together with Elpida's 65 percent stake in Rexchip, this will give Micron a 89 percent stake in the company.
At the same time Micron also announced it will buy 24 percent of Rexchip Electronics Corp. from Powerchip Technology Corp. and affiliates for about NT$10 billion (about $334 million). Elpida owns about 65 percent of Rexchip so, the two deals will give Micron an 89 percent stake in Rexchip.
