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All Posts Tagged Tag: ‘Micron’

Apple Supplier Elpida Bought By Micron Technology

Micron Technology has announced that they have entered into a sponsor agreement to acquire Elpida Memory, Inc. for ¥60 billion ($750 million). Under the agreement Micron assumes all of Elpida’s assets, including its 65% stake in another chip manufacturer, Rexchip. Between the Elpida acquisition and a separate purchase of Powerchip’s 24% stake in Rexchip, Micron gains an 89% stake in …

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BREAKING — Micron CEO Dies In Plane Crash

Micron’s CEO Steve Appleton died this morning in a private plane crash in Boise, Idaho this morning. He was 51-years-old. Business Insider is reporting that Appleton was flying an “experimental fixed wing single engine Lancair that crashed shortly before 9 a.m.” Micron’s stock is halted in lieu of the news. Micron issued a press release: We are deeply saddened to …

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