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Micron Technology May Take Over Qimonda
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Old 25th August 2008, 16:55   #1
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Default Micron Technology May Take Over Qimonda

Micron Technology, one of the top makers of dynamic random access memory (DRAM), may acquire the stake of Infineon Technologies AG in Qimonda, a troubled maker of DRAM from Munich, Germany.

Micron has been in negotiations to take over all or part of Infineon’s 77.5% stake in the publicly traded memory-chip maker Qimonda, according to a report from The Wall Street Journal that cites sources familiar with the situation. It remains to be seen whether Micron actually proceeds with the plan, as the two companies could not agree on terms due to a tough situation on the market of DRAM.

http://www.xbitlabs.com/news/memory/...__Rumours.html
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