Saturday, August 4, 2012

postheadericon Micron Ready to Spend $1.5 Billion Acquiring Elpida

were reported last week that Micron Technology posted a $ 1.5 billion to take care of Elpida Memory, which had fallen on hard times after a prolonged recession in the DRAM market, and now it seems that if Micron is the leading candidate to acquire memory manufacturer from bankruptcy. GLOBALFOUNDRIES and Toshiba were two other names that had been tossed around as possible suitors, but either do not bid, or they were outbid by Micron.

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DigiTimes

first reported $ 1.5 billion Micron Elpida desire to collect, and


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