Micron to Acquire Elpida Memory

Micron Technology Inc. agreed to acquire troubled Japanese rival Elpida Memory Inc. for $2.5 billion, in a move that will allow the U.S. chip maker to grow its portfolio of memory products and become more competitive against rivals in South Korea and Taiwan.

Elpida, Japan’s only maker of dynamic random access memory chips widely used in personal computers, filed for bankruptcy protection in Japan in late February, becoming the latest DRAM maker to succumb under pressure from a slump in demand that has put many manufacturers in losses for more than a year. Micron became Elpida’s financial sponsor in May after the company filed for bankruptcy protection.

Read the rest of this post on the original site »

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »