Micron Buys Inotera Memories For $4.1 Billion
Boise, Idaho-based memory manufacturer Micron said late Monday that it will purchase the 67 percent of Taiwanese memory maker Inotera Memories, in a deal worth $4.1 billion. Micron already owned the remainder of Inotera. The deal is valued at $3.2 billion, once Inotera's cash holdings are accounted for in the deal. Micron acquired its stake in Inotera Memories from Infineon in 2008.
posted on Tuesday, December 15, 2015
Related companies:
Micron Biomedical, Inc.
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