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Micron acquires memory maker Elpida for $2 billion

Micron becomes the second largest supplier of mobile memory after its acquisition of Elpida.

@anthony256
Published Fri, Aug 2 2013 2:25 AM CDT   |   Updated Tue, Nov 3 2020 12:21 PM CST

Micron have just closed a deal to purchase Elpida for an estimated $2 billion. Micron have been working on the deal to acquire the Japan-based company since mid last year.

Micron acquires memory maker Elpida for $2 billion | TweakTown.com

Included in the deal are the entirety of Elpida's assets, which include a DRAM fabrication facility located in Hiroshima, Japan and a 65% stake in Rexchip, who are another memory company with a DRAM fabrication facility in Taiwan. Micron also scored Elpida's 100% stake in Akita Elpida Memory, who owns an assembly and test facility in Akita, Japan.

During a statement, Micron said that Elpida had built themselves a strong presence in the mobile DRAM market using advanced technologies to target mobile phones and tablets. Considering Elpida is one of Apple's biggest clients, this is a huge opportunity for Micron.

Micron now has the ability to produce over 185,000 300mm wafers per month, which doubles their current manufacturing capacity by 45%.

NEWS SOURCE:techspot.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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