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

    Jan 12, 2005
    Atlantic Canada
    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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