Micron Buys Avago Image Sensor Business
Boise, Idaho-based Micron Technology said Monday afternoon that it has acquired the imaging sensor business of San Jose, California-based Avago. The deal was worth $53M, plus contingent payments. According to Micron, the team joining Micron includes 90 employees, from Corvallis, Oregon; Fort Collins, Colorado; San Jose, California, and Penang, Malaysia. The group consists mostly of engineers and develops CMOS imaging products. The imaging sensor group will join Micron's existing imaging group.
posted on Monday, December 11, 2006
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