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Micron to buy Elpida for $2.5 - 3.75 billion

Posted on Wednesday, May 09 2012 @ 21:47:53 CEST by

X-bit Labs reports Micron remains as the sole bidder for bankrupt memory maker Elpida:
Micron Technology has reportedly won exclusive rights to acquire Elpida Memory and will have to pay for the company $2.5 billion or even $3.75 billion. The acquisition of Elpida will make Micron one of the world's three largest makers of dynamic random access memory (DRAM) and will have a dramatic effect on the industry as a whole.

The two companies yet have to confirm their intentions officially and reveal a plan how will the new Micron utilize assets of Elpida, such as manufacturing capacities, and what kind of advantages will the new international memory conglomerate have when compared to other makers of DRAM and NAND flash memory. What is clear even now is that with loads of memory types in portfolio, Micron will be more competitive against Hynix Semiconductor and Samsung Electronics.



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