Micron Technology: Leveraged Buyout Announcement Seems Imminent

Jun 12, 2007 Read more: Seeking Alpha 4,601

Posted on Jun 12th, 2007 with stocks: MU Greg Wilder submits: In January 2007 we wrote an article titled " Micron Technology: Takeover Target For Private Equity? " Now, five months later, we analyze further ... via Seeking Alpha

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ElectroMan

Boise, ID

#4785 Feb 17, 2011
Micron expansion off to explosive start

http://www.idahostatesman.com/2011/02/17/1531...
ElectroMan

Boise, ID

#4786 Feb 17, 2011
Micron takes ownership of Singapore memory chipmaker

http://www.idahostatesman.com/2011/02/17/1531...
The Professor

Mccomb, MS

#4787 Feb 17, 2011
Ovonyx wrote:
Central Teams jobs moving to Singapore.
Are all of the central team jobs moving?
More to Follow

Wilder, ID

#4788 Feb 19, 2011
What's the central team?

Micron's hiring like crazy right now. A lot of people that took the package are now coming back.

Since: Jul 07

Location hidden

#4789 Feb 21, 2011
No, some, not all.
ElectroMan

Boise, ID

#4790 Mar 8, 2011
Emergency federal grant funding continues for laid-off Micron workers

http://www.idahostatesman.com/2011/03/07/1556...
ElectroMan

Boise, ID

#4791 Mar 8, 2011
Micron wants to keep its property secret

http://www.idahostatesman.com/2011/03/08/1556...
Kim Jong-il

Boise, ID

#4792 Mar 12, 2011
ElectroMan wrote:
Micron wants to keep its property secret
http://www.idahostatesman.com/2011/03/08/1556...
"But it fears other companies could gain access to that data to glean proprietary information about the company - and its cutting-edge technology activities."

Oh yea like that would matter, what usually happens with Micron "secrets" are they try to develop the tech, and then mid cycle, decided that they need to "focus" on their "core" IE DRAM and bail out of the research........

Your Dear Leader,

Chairman Kim ;)
ElectroMan

Boise, ID

#4793 Apr 12, 2011
Israeli company may buy Micron plant in Japan

http://www.idahostatesman.com/2011/04/07/1595...

More info here:
TowerJazz Expected to Nearly Double Production Capacity with Proposed Acquisition of Micron Technology Wafer Manufacturing Plant in Japan

http://www.tmcnet.com/usubmit/2011/04/05/5425...
ElectroMan

Boise, ID

#4794 Apr 15, 2011
Tales from the early days of chipmaking from Micron co-founder

Ward Parkinson found employees with a strong work ethic on which to build Micron Technology

http://www.idahostatesman.com/2011/04/15/1606...
ElectroMan

Boise, ID

#4795 May 5, 2011
Micron $13 million gift is Boise State’s largest donation

http://www.idahostatesman.com/2011/05/05/1636...
ElectroMan

Boise, ID

#4797 Jun 17, 2011
Micron loses a ruling in antitrust trial

http://www.idahostatesman.com/2011/06/16/1692...
ElectroMan

Boise, ID

#4798 Jun 21, 2011
Trial begins in case against Micron

http://www.idahostatesman.com/2011/06/21/1696...

Micron Technology Inc. and Hynix Semiconductor Inc. carried out an “unlawful conspiracy” to drive Rambus Inc. out of the computer memory market, a Rambus lawyer said as an antitrust trial began Monday in California.

Rambus, based in Sunnyvale, designs chips for others to manufacture and relies on patent licensing for revenue. The $4.3 billion in damages sought by Rambus against the two companies in the suit over Rambus-designed dynamic random access memory, or RDRAM, chips would be automatically tripled — to $12.9 billion — under California law, according to Rambus.

Micron and Hynix engaged in “a secret and unlawful conspiracy to kill a revolutionary technology, make billions of dollars and hang onto power,” Rambus lawyer Bart Williams told jurors.

Hynix, based in Korea, and Micron inflated the price of RDRAM chips and collusively underpriced their chips to undercut competition from Rambus, the company alleges.

“The conspiracy worked,” Williams said.“Rather than win the race to become the next industry standard,” due to the conspiracy, RDRAM “was condemned to a smaller market share.”

Micron and Hynix deny the claims.

DRAM is a common component in personal computers and is Micron’s principal product.

Micron General Counsel Rod Lewis said in an emailed statement that Rambus’ case in one example of its “continued attempts to place blame on third parties for its failure to compete successfully in the marketplace.”

RDRAM failed because of technological deficiencies, because it was less efficient, and because it was more costly to produce and implement than its competitors, Lewis said.

“Ultimately, RDRAM proved to be a niche technology for limited, high-density use and not suitable for the mass PC, laptop and tablet market,” Lewis said.

Micron and Hynix are to present their arguments Tuesday.
ElectroMan

Boise, ID

#4799 Jun 24, 2011
Micron Technology shares slide on weak 3Q results

http://www.idahostatesman.com/2011/06/23/1701...

BOISE, Idaho — Micron Technology Inc. is reporting fiscal third-quarter results that missed analyst forecasts as sales of computer chips fell.

The Boise-based maker of flash memory chips reported Thursday revenue fell nearly 7 percent to $2.14 billion. For the quarter ending June 2, Micron earned $75 million, or 7 cents per share, compared with $939 million, or 92 cents per share, in the same period a year ago.

Last year's third quarter included a $437 million gain and a $51 million income tax benefit from Micron's purchase of Numonyx Holdings BV. The most recent quarter included a $74 million charge from tax assets from the sale of a Japan fabrication plant.

Analysts polled by FactSet expected earnings of 18 cents per share on revenue of $2.37 billion.

Micron shares fell nearly 13 percent in extended trading Thursday.
ElectroMan

Boise, ID

#4801 Jul 19, 2011
Transform Solar applies for Idaho air quality permit

http://voices.idahostatesman.com/2011/07/19/r...
ElectroMan

Boise, ID

#4802 Jul 21, 2011
Micron to sell notes, buy stock back

http://www.idahostatesman.com/2011/07/20/1733...
LongGone

Boise, ID

#4803 Jul 21, 2011
Can anyone comment on what's going on with SSG (Micron's LED attempt)? That group has been around since 2008 with nothing to show in terms of revenue. True to Micron form, their bread is buttered with memory ... NOT a systems play. How much appetite do stockholders, and the board for that matter, have to continue to throw money at a group that will never compete against incumbents like Cree, Nichia and Philips Lumileds, just to name a few. Regardless of partnerships or cross-licensing arrangement to fill technology gaps, Micron is not going to make hay by selling lighting for freezer cases or architectural lighting. I have many friends still at Micron, but this type of activity makes me question their leadership.

BTW-word on the street is that SSG lost a lot of talent recently and that their Display group (pico projectors) is a shambles and is about to fold.
ElectroMan

Boise, ID

#4804 Jul 27, 2011
Australian newspaper story woes loss of solar plant to Idaho

http://voices.idahostatesman.com/2011/07/27/r...
ElectroMan

Boise, ID

#4805 Aug 19, 2011
Micron’s new Building 50 for research and development takes shape in Boise

http://www.idahostatesman.com/2011/08/02/1747...
ElectroMan

Boise, ID

#4806 Aug 19, 2011
On brutal Wall Street day, Micron is a heavily traded loser

http://idahobusinessreview.com/2011/08/18/on-...

by Brad Carlson
Published: August 18,2011

Micron Technology Inc. was the eighth most active stock on the Nasdaq Stock Market as of the close of the market on Thursday, Aug. 18, according to Yahoo Finance.

It was a day in which U.S. stocks took a severe beating. The Nasdaq finished down more than 131 points, while the Dow-Jones Industrial Average was down nearly 420 points and the Standard & Poor’s Index dropped more than 54 points.

Stock in Micron, a Boise-based maker of computer memory chips, has traded between $5.60 and $11.95 a share in the past year. At 4 p.m. EDT on Aug. 18, the stock closed at $5.64, down 7.69 percent, on volume of 45,111,544 shares.

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