Feeds

Intel stakes Micron for $500 million

Which means the Korean DRAM chaebols are toast, right?

  • alert
  • submit to reddit

3 Big data security analytics techniques

Intel has bought a $500 million stake in Micron Technology, the company which, after its takeover of TI's memory operations earlier this year, is the flagship of the US DRAM business. The Intel investment represents approximately 6 per cent of Micron's stock. According to Intel, the investment is part of the company's strategy "to support the development and supply of next generation memory products and to help drive PC industry growth by accelerating the development of Direct RDRAM," Rabus' high speed memory technology. The investment will also however help Micron out - the DRAM company claims that it will have no digestion problems in assimilating TI's meory operations, but with its old enemies from Korea facing serious financial difficulties, Micron has a golden opportunity to go onto the attack, provided it has the money to do so. As Intel says: "By providing additional financial resources, the investment by Intel should enhance Micron's competitive position in the DRAM industry." Quite. according to Micron president Steve Appleton the company will have Direct RDRAM products on the market by Q3 99. Significantly Intel president Craig Barrett says that the investment will ensure "an adequate supply of memory components, particularly RDRAM." Barrett's trips to Korea earlier this year were claimed by the various warring camps among the Korean chaebols as being a prelude to investment in Samsung or LG, but the truth may be that he was looking for an advantageous deal with a stable source of memory, and that after a look at seoul's finest, he's plumped for the US of A instead. ® Click for more stories

Combat fraud and increase customer satisfaction

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.