Micron Technology, which makes DRAM and NAND memories, is the target of a $23 billion acquisition offer from Tsinghua Unigroup of China, according to The Wall Street Journal. Neither company has confirmed the report.
http://www.micron.com/
- Tsinghua Unigroup is 51% owned by Tsinghua Holdings and 49% owned by Beijing Jiankun Investment Group. It has previously acquired Spreadtrum and RDA Microelectronics. Tsinghua Holdings is controlled by Tsinghua University in Beijing.
Intel and Micron Announce 3D NAND Flash Memory
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"Micron and Intel's collaboration has created an industry-leading solid-state storage technology that offers high density, performance and efficiency and is unmatched by any flash today," said Brian Shirley, vice president of Memory Technology and Solutions at Micron Technology. "This 3D NAND technology has the potential to create fundamental market shifts. The depth of the impact that flash has had to date—from smartphones to flash-optimized supercomputing—is really just scratching the surface of what's possible."