Micron Targeted For $23B Buyout By Chinese Firm
Boise, Idaho-based memory chip maker Micron is the target of a $23 billion acquisition bid, by Chinese-owned technology firm Tsinghua Unigroup Ltd., according to reports this morning. The reports cite "people familiar with the matter"--saying that the Chinese company hopes to make the offer for Micron on Wednesday. Tsinghua Unigroup Ltd. is owned by the Chinese state, via Tsinghua University. The report said it's unclear if the Chinese takover of Micron would pass muster through U.S. regulatory authorities.
posted on Tuesday, July 14, 2015
Related companies:
Micron Biomedical, Inc.
Related stories:
> Micron To Debut 5 Megapixel HD Sensor For Consumer Market
> Micron Shows Security Image Sensors
> Micron Wins Hitachi-LG Data Storage
> Micron Ships 2G DDR3 Memory Components
> Micron Gets Japanese Clearance On Elpida Buy
Techrockies.com Home