Micron Acquires Elpida; Boosts Share Ownership of Rexchip

Discussion in 'Storage Devices and Memory' started by Rob Williams, Jul 3, 2012.

  1. Rob Williams

    Rob Williams Editor-in-Chief Staff Member Moderator

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    Jan 12, 2005
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    When Elpida filed for bankruptcy this past February, the question wasn't about if the company would be acquired, but by who. After all, when a top 3 DRAM vendor is in trouble, the other 2 aren't going to sit by idly. That's been proven today, as Micron announced that it will be acquiring the company for $2.5 billion USD. Calling it a "sponsorship", Elpida as a company will remain, as will its current workforce.

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