Micron Announces Agreement to Acquire Numonyx for Around $1.27 Billion

Micron Technology, Inc. and Numonyx Holdings B.V. announced today that the companies have signed a definitive agreement under which Micron has agreed to acquire privately held Numonyx in an all-stock transaction valuing Numonyx at approximately $1.27 billion USD. The transaction further strengthens Microns position as one of the worlds leading memory companies, with a broad portfolio of DRAM, NAND and NOR memory products and strong expertise in developing and supporting memory system solutions. Micron would also gain increased manufacturing scale globally and access to Numonyxs customer base, providing significant opportunities to increase multi-chip offerings in the embedded and mobile markets.