Micron takes Inotera Memories for 2.9 billion euros

Dec

15

2015

Memory manufacturer Micron Technology Inc. has $ 3.2 billion, converted 2.9 billion paid for Inotera Memories Inc. Micron already owned a third of the acquisition with Inotera and is the sole owner of the manufacturer.

With the acquisition, the entire DRAM production from Inotera owned by Micron, which strengthens its position in the DRAM market. Micron hopes that Inotera around the middle of 2016 has been completely put on its 20nm technology.

Inotera currently has two DRAM factories for 300 mm wafers, which it takes almost ten percent of global production accounted for. Micron took off in practice the whole production, Inotera provided the company with 35 percent of its total DRAM capacity.

The US Micron already owns about 33 percent of the shares of the Taiwan-based Inotera Memories and buys the converted 2.9 billion euros the rest of the shares. Inotera is a joint venture founded in 2008 by Nanya and Infineon, Qimonda later. Micron has subsequently repurchased by taking over the shares of Qimonda. Through this acquisition, Micron had already entitled to half the production capacity of Inotera Memories, but the company bought in practice for the entire production of the manufacturer.

Simultaneously with the acquisition make Micron and Nanya a new agreement regarding DRAM production 1Xnm known. Thanks to this deal Nanya may use the current and future DRAM technology from Micron. The two companies already have agreements on technology for 20nm production, which the new agreement does not affect.

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