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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old Sep 24, 2008, 12:30 AM   #1
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Micron-Qimonda deal likely to happen, says analyst

Micron's investigation into acquiring Qimonda has progressed and a deal is likely to happen, according to a note from analyst Doug Freedman of American Technology Research.

One of the key drivers for the deal is the fact Micron will be able to leverage Qimonda's Inotera joint venture, which would add additional Taiwan facilities and IP revenue opportunities for Micron, in addition to its existing MeiYa joint venture with Nanya Technologies. Qimonda's fab assets are also more valuable to Micron, compared with other potential buyers, such as Hynix or Nanya, as their common geographies allow logistics synergy, Freedman noted.
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Source: DigiTimes
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