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Old 07-03-2012, 02:10 PM   #1
Rob Williams
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Default Micron Acquires Elpida; Boosts Share Ownership of Rexchip

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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