Global Sources
EE Times-India
Stay in touch with EE Times India
 
EE Times-India > Memory/Storage
 
 
Memory/Storage  

Is Micron mulling Numonyx buyout?

Posted: 09 Sep 2009     Print Version  Bookmark and Share

Keywords:Micron Numonyx takeover  NAND  NOR flash 

Rumour has it that Micron Technology Inc. is considering buying Numonyx B.V.

Word on the street is that Micron is seeking to enter the NOR flash market. Some also speculated that Intel Corp. wants to unload its interest in Numonyx.

Could that mean a Micron-Numonyx merger? It's pure speculation for now. A spokesman for Micron declined to comment, saying the company does not comment on rumours. A spokesman for Numonyx declined to comment and said: "Numonyx doesn't comment on speculation or rumours."

Micron has some interest in entering the NOR market, said Dinesh Moorjani, an analyst at Broadpoint.AmTech. "I would not be surprised if (Micron) is looking at Numonyx," he said, but such a deal "doesn't make sense."

For one, Micron could take a hit on the balance sheet. On the other hand, Micron may want a NOR play. At one time, in fact, Micron was also looking at NOR rival Spansion Inc.

Perhaps Intel is looking to be the broker in a potential deal between Micron and Numonyx. Intel owns a large stake in Numonyx.

"If I look at Intel's investment strategy, Numonyx is reaching a point where Intel is seeking an exit strategy," said Doug Freedman, analyst for Broadpoint AmTech.

Strangely, for some time, Intel has been backing two flash ventures: Numonyx and IM Flash Technologies LLC. IM Flash is a joint NAND partnership between Intel and Micron.

Formed last year, Numonyx is the memory spin-off of Intel and STMicroelectronics. ST holds a 49 per cent stake in Numonyx, Intel has 45 per cent and Francisco Partners owns 6 per cent. The new venture is selling NOR, NAND and phase-change memory, based on technology from Ovonyx Inc.

- Mark LaPedus
EE Times





Comment on "Is Micron mulling Numonyx buyout?"
Comments:  
*  You can enter [0] more charecters.
*Verify code:
 
 
Webinars

Seminars

Visit Asia Webinars to learn about the latest in technology and get practical design tips.

 

Go to top             Connect on Facebook      Follow us on Twitter      Follow us on Orkut

 
Back to Top