Micron-Numonyx deal: What analysts are saying

Mark LaPedus, EE Times
(02/10/2010 3:07 PM EST)

SAN JOSE, Calif. -- As expected, Micron Technology Inc. has agreed to acquire Numonyx Holdings B.V. in a stock transaction valued at $1.27 billion.

There have been rumors circulating about this deal since late last year. The deal propels Micron (Boise, Ida.) into the NOR and phase-change memory (PCM) sectors. Micron also expands its thrust into NAND flash.