Micron to buy Intel's stake in IM Flash Technologies for $1.5B

Micron Technology will acquire Intel's stake in their joint venture IM Flash Technologies for about $1.5 billion in cash plus assuming Intel's debt of about $1 billion, taking full control of the venture.

“Micron Technology Inc said on Thursday it planned to take full control of IM Flash Technologies joint venture with Intel Corp.”reuters.com

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• reuters.comMicron to buy Intel's stake in joint venture IM Flash TechnologiesOct 19, 2018

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