Who will eventually buy Elpida Micron for $ 3,750 million
In an environment anything untoward in what is the area of DRAM, today confirmed that it will be Micron who becomes the property of Elpida, a variable amount, to be confirmed, which will go from USD $ 2,500 million to $ 3,750 million in the best case.
It’s been a long road to the outcome of this story, first with Elpida trying to save themselves from bankruptcy protection filing an appeal that was not , prompting the interest of buyers among which was Hynix, who finally gave up a few days ago ago, perhaps knowing that “the pig was already cooked.”
How does it end? Upon completion of the transaction will have only three major DRAM manufacturers Samsung, followed closely by Elpida and Micron + third Hynix. Among them will fight the whole market, which goes at half speed product of oversupply and low prices at which the DRAM is valued, a reality that will surely change when the standard DDR4, which no doubt will be pressed for early introduction to the market for a bailout.
Link: Micron Elpida Confirms Plan to Buy for $ 3.75 Billion (Softpedia)