Thursday, August 28, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung, LG Introduce New Smartwatches
Sharp, Pioneer Dissolve Their Capital Alliance
Nero 2015 is Coming At IFA
LaCie Ships the 48 TB Thunderbolt 2 Storage Solution
ALCATEL ONETOUCH Launches New Affordable Smartphones
ZOTAC Debuts the ZBOX PI320 pico
Dropbox Now Offers 1TB Pro plan for 10 Dollars
HTC Reveals Entry-level Desire 510 Powered By a 64-bit Processor
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > Micron ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, June 29, 2012
Micron To Buy Elpida For 200 Billion Yen: report


Micron Technology will buy bankrupt Elpida Memory Inc. for an estimated 200 billion yen ($2.5 billion), the Nikkei newspaper said.

Creditors of Elpida have reportedly agreed to forgive 70 percent of 420 billion yen ($5.3 billion) of debts. Micron has agreed to pay 200 billion yen to acquire Elpida, of which 140 billion yen will be used to repay the debt, the Nikkei said.

Elpida will submit its restructuring plan to the Tokyo district court by August 21, according to the report.

Micron has not commented on the report.

Japanese Elpida Memory filed for bankruptcy protection in February with more than 400 billion yen of liabilities.

Acquiring Elpida would double Micron?s share of the global market for DRAM. That would help the company vie with industry leader Samsung.

SK Hynix Inc. had publicly expressed interest in buying Elpida, but the company decided to drop its interest in last month.


Previous
Next
Hulu To Stream HBO Content In Japan        All News        Google Takes On Amazon's We Services, Microsoft's Azure, With New Cloud-computing Service
ARM Unveils Details of ASTC Texture Compression     General Computing News      Google Takes On Amazon's We Services, Microsoft's Azure, With New Cloud-computing Service

Get RSS feed Easy Print E-Mail this Message

Related News
Tessera and Micron Execute New Technology and Patent License Agreements
Micron Announces Monolithic 8Gb DDR3 SDRAM
Micron, SK Hynix May Invest In Taiwan SSD Controller Companies
Micron to Discuss Emerging Memories at 2014 Symposia on VLSI Technology and Circuits
Crucial Starts Sampling DDR4 Server Memory
Micron Releases New Solid State Drive For Data Centers
Micron, MediaTek Consider Investments In Kingston Solutions
Micron and Wave Systems Collaborate to Secure Connected Devices
Micron Reports Second-Quarter Profit
Micron To Offer DDR4 Modules for Future Intel Xeon Systems
Crucial M550 Series SSDs Released
Sony And Micron Showcase 16Gb ReRAM

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .