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Micron Takes Stake $400 Million in Taiwan s Inotera

Posted on October 13, 2008

Micron Technology has inked a $400 million cash deal agreed to buy a 35.6 percent stake in Taiwan s Inotera Memories from Qimonda.The largest U.S. maker of memory chips and its partner, Nanya Technology, which owns 35 percent of Inotera, will take over Qimonda s two memory-chip factories. To help finance the deal, Micron secured $285 million [...]...

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