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Exercising its right to purchase Intel’s interest in the parties’ joint venture.
January 24, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Micron Technology, Inc. announced the company is exercising its right to purchase Intel’s interest in the parties’ joint venture, IM Flash Technologies, LLC (IM Flash). On Oct. 18, 2018, Micron disclosed its intention to exercise the option. “The IM Flash acquisition will enable Micron to accelerate our R&D and optimize our manufacturing plan for 3D XPoint,” said Sanjay Mehrotra, Micron Technology president and CEO. “The Utah-based facility provides us with the manufacturing flexibility an...
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