The details of the purchase by Micron Elpida
A couple of months ago, and after a long journey, we finally learned that Micron will be the property of the late Elpida, a company dedicated to the manufacture of dram and went into bankruptcy . What are the details of that transaction?
First, Micron will disburse $750 million cash entry, while another USD $1,750 million will be invested in factories and facilities in the future, with a deadline for spending this amount stipulated for 2019. There is another company involved called Rexchip Electronics, part Elpida, Micron which bought 24% equity for $334 million.
Result of all this is that Micron will see at least a 50% increase in its production, making 89% of the total shares of Elpida, so in the medium term this great buyer should see the first results of your investment with a greater presence in the DRAM market.dram, Elpida, memoirs, memory, Micron