Micron Likely to Acquire Elpida for $2.5 Billion

[Guest]

Micron has won the right to exclusively bid for the acquisition of Elpida Memory.

Micron Likely to Acquire Elpida for $2.5 Billion : Read more

 

[phamhlam]

Micron products are incredible. I can't believe their 128GB Crucial m4 was selling for $100 today and $125 on average. They are pushing the price per GB down hard without sacrificing performance.

 

[v3nom777]

Umm... Yay?

 

[Guest]

Make it happen Micron. I used to buy Micron computers. They were the best!

 

[rohitbaran]

Micron would keep Elpida's two major factories open for production and not lay off any of its employees.

Good

 

[turbolover22]

So do I buy stock in Elpida or Micron?

 

[Guest]

Who pays $2 bil for BANKRUPT company?.... I would not by stock in Micron, as this does not seem like a good deal.
Could Micron pick them up for a more of a bargain than this?
How modern are their facilities, and how strong are their future orders/contracts? If they are going bankrupt they are doing something WRONG....

 

[anti-painkilla]

[citation][nom]badidea[/nom]Who pays $2 bil for BANKRUPT company?.... I would not by stock in Micron, as this does not seem like a good deal.Could Micron pick them up for a more of a bargain than this?How modern are their facilities, and how strong are their future orders/contracts? If they are going bankrupt they are doing something WRONG....[/citation]

Please read the article. It states that "A substantial portion of the money would go toward Elpida's outstanding debt."

As in they want the company in one piece, they are paying a bargain for it minus the debt. Also i'm guessing since they are paying Over $2B for this they have a fair idea what they are doing. If they can pull this off this acquisition gives them a great opportunity to increase their own production.

 

[livebriand]

Hmm... good company, but then there's less competition for us.