Micron Buys Rest Of JV From Intel
Boise, Idaho-based Micron is buying the rest of a flash memory joint venture it has with Intel, Micron said Thursday. According to Micron, it is buying the rest of IM Flash Technologies, a joint venture with Intel, in a deal worth $1.5 billion in cash plus assumption of about $1 billion in debt. IM Flash makes flash used in high end data center computers. The two set up the joint venture back in 2006.
posted on Friday, October 19, 2018
Related companies:
Micron Biomedical, Inc.
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