Saturday, August 19, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
YouTube TV expands to new markets
Facebook Tests News Stories Customized to Users' Interests
Google Home Now Supports Free Calls
Asus Unveils the ZenFone 4 Pro, ZenFone 4, ZenFone 4 Selfie Pro, and ZenFone 4 Selfie
Nokia 8 Shipped With ZEISS Optics
Apple is Getting Serious in TV Shows and Film Prospect
Acer's New 4K Projectors Bring the Benefits of Cinema Home
Fiat Chrysler Joins BMW, Intel, Mobileye in Autonomous Driving Team
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
Micron Advances Semiconductor R&D Capabilities with New Boise Facility
Micron's New Flagship 9200 NVMe Solid-State Storage Family is Blazingly Fast
Micron Posts Record Revenues in fiscal 3Q17
Micron Lexar Removable Storage Retail Business Discontinued
Crucial BX300 SSD Coming This Summer
Micron's GDDR5X Memory Hits the 16Gbps, Mass Production of GDDR6 on Track For Next Year
SK Hynix and Micron Try To Catch up With Samsung in 10nm DRAM Production
Micron Announces a 4-server-node, All-flash, Accelerated Ceph Storage Solution
Micron Unleashes the Power of NVMe Storage, With New SolidScale System
Micron Says Former Employees Gave Away DRAM Technologies To Chinese Competitors
Micron's 1xnm DRAM Process Has Low Yields, Says Report
Micron's Revenue Increased Due To Strong Memory Chip Sales

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .