Micron to acquire flash memory maker Numonyx

By Jos
Feb 10, 2010
  1. Looking to become a stronger force in the flash memory business, and better compete with industry leader Samsung, Micron Technology today announced plans to grow their portfolio by acquiring Numonyx in a $1.27 billion all-stock deal. The transaction will allow it to overtake Hynix as the world's third-largest memory chip company right after Toshiba.

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