Micron Plans To Buy Out Intel's Stake In Flash Memory Joint Venture For $1.5 Billion

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By BeauHDOct 22, 2018, 3:07 am82 pts
Micron is planning to exercise a $1.5 billion option to buy Intel's 49% stake in the companies' IM Flash Technologies Joint Venture. "The option is exercisable on Jan. 1, 2019, and Micron says the deal will close six to 12 months after," reports TheStreet. From the report: In a statement, Intel suggests the…

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