Breaking News

SAMA Launches Exclusive Amazon Prime Day Deals on Flagship PC Cases and AIO Cooler Lineup Transcend Launches Ultra-Fast PCIe Gen5 SSD MTE260S Power Your World with DJI's New Portable Power Station Power 2000 G.SKILL CAMM2 DDR5 Memory Module Demonstrates DDR5-10000 Overclock Speed on ASUS Z890 Motherboard JCB Phone Launches New Rugged Smartphone Range to Power Global Expansion

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Micron to Buy Flash Memory Maker Lexar for $688 million

Micron to Buy Flash Memory Maker Lexar for $688 million

Enterprise & IT Mar 9,2006 0

Semiconductor giant Micron Technology agreed to acquire Lexar Media, a maker of flash memory products, in a stock deal worth an estimated 688 million dollars. The deal calls for a swap of 0.5625 shares of Micron stock for each Lexar share.

Based in Fremont, California, Lexar makes flash memory products including memory cards, USB flash drives, card readers and other items for consumer electronics and industrial applications.

Micron, based in Boise, Idaho, makes a variety of semiconductor and memory products.

The merger is aimed at getting a bigger piece of the market for NAND flash memory, which is used in iPods, MP3 players and other electronic devices.

The deal is "designed to combine Micron's technology and manufacturing leadership in NAND flash memory with Lexar's leadership in NAND controller and system design technology," a statement from the two firms said.

Tags: LexarMicron Technology
Previous Post
Microsoft Unfolds "Origami" - Cheaper than Windows Mobile 5
Next Post
LG to Join HD DVD Camp

Related Posts

  • New Lexar ES5 Magnetic Portable SSD is A Game-Changer for Creators On-the-Go

  • Lexar Introduces Innovative Product Lines at Computex 2025

  • Lexar Announces ARMOR GOLD and SILVER PRO SDXC UHS-II Cards

  • Lexar at CES 2025

  • Lexar Announces Two Portable SSDs Designed to Improve Efficiency

  • Lexar Showcases Cutting-Edge Storage Solutions at Flagship Store of DJI-RETAIL on Regent Street in London

  • Micron Expands SSD Portfolio With New Crucial P310 2280 Gen4 SSD, Bringing High-Octane Performance To Gamers and Creators

  • Lexar Engages with Creators and Launches Innovative Products at IFA 2024

Latest News

SAMA Launches Exclusive Amazon Prime Day Deals on Flagship PC Cases and AIO Cooler Lineup
Cooling Systems

SAMA Launches Exclusive Amazon Prime Day Deals on Flagship PC Cases and AIO Cooler Lineup

Transcend Launches Ultra-Fast PCIe Gen5 SSD MTE260S
PC components

Transcend Launches Ultra-Fast PCIe Gen5 SSD MTE260S

Power Your World with DJI's New Portable Power Station Power 2000
Consumer Electronics

Power Your World with DJI's New Portable Power Station Power 2000

G.SKILL CAMM2 DDR5 Memory Module Demonstrates DDR5-10000 Overclock Speed on ASUS Z890 Motherboard
PC components

G.SKILL CAMM2 DDR5 Memory Module Demonstrates DDR5-10000 Overclock Speed on ASUS Z890 Motherboard

JCB Phone Launches New Rugged Smartphone Range to Power Global Expansion
Smartphones

JCB Phone Launches New Rugged Smartphone Range to Power Global Expansion

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Arctic Liquid Freezer III 420 - 360

Arctic Liquid Freezer III 420 - 360

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Noctua NH-D15 G2

Noctua NH-D15 G2

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed