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May 8, 2012

Micron Most Likely to Buy Elpida Now





Elpida put itself up for auction a while ago, but bidders have been backing out of the deal one after another, the latest to do so being SK Hynix. 

Now, according to DRAMeXchange, Micron is the company most likely to win out of the remaining interested parties. 

Getting Elpida's assets would allow it to truly challenge SK Hynix and Samsung Electronics in high-volume DRAM manufacture. 

All it has to do now is offer around 300 billion JPY (US $3.75 billion / 2.88 billion Euro) and everything is ready to go. 

When it abandoned the idea, SK Hynix only said that the acquisition had no strategic value for the members of the board. By all accounts, Micron can't really say the same, so a buyer for the bankrupt Japanese chip maker may have emerged at last.


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