Micron Snaps Up Elpida for $750 Million

[Guest]

Micron agreed to acquire bankrupt DRAM maker Elpida.

Micron Snaps Up Elpida for $750 Million : Read more

 

[A Bad Day]

Isn't the DRAM market shrinking?

 

[memadmax]

[citation][nom]A Bad Day[/nom]Isn't the DRAM market shrinking?[/citation]

The DRAM market goes up and down just like everything else.

Anyways...
Micron has a reputation of making cheapo ram, and being able to weather any storm, so this aquisition will prolly allow them to produce even more cheap ram, but nothing new since Elpida didn't really innovate much. So Elpida pretty much becomes a zombie ram maker =D

 

[ikefu]

The DRAM market is huge, its just the crazy competition that has driven the price per chip down (sales volume is high, prices are low). So Micron having a bigger market share will allow them to better handle price fluctuations and gain a bit of control.

 

[Stardude82]

Well, $750 million for the assets, plus $2 billion dollars in debt. I guess it's still a pretty good deal for a company that does about $2 billion in sales.

 

[DryCreamer]

this is an amazing deal for Micron

Dry

 

[ojas]

Hmmm...welcome cheap DDR4 and SSDs?

 

[verbalizer]

stupid me, I thought they already acquired them late last year or early this year..?
maybe I read about the possibility of such events..?
:/