All Posts Tagged Tag: ‘Micron’

SanDisk Micron Deal Reportedly A Possibility

SanDisk is said to be gearing up for sale, which is news that appears to be pleasing to investors. A report from Bloomberg Business came out on Tuesday afternoon indicating the company hired a bank to explore a potential sale with interest from both Micron Technology and Western Digital. The report cites “people with knowledge of the matter.” Naturally, none …

Read More

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 …

Read More

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 …

Read More