Micron Boosts the Consolidation Wave in the Semiconductor Space

Previously in this series, we discussed Tsinghua Group’s offer of $23 billion to acquire Micron Technology (MU). If Micron’s buyout finally happens, it would be the latest among many acquisitions that have happened lately in the chip space. Rising costs and shrinkage in the customer base have forced the chip manufacturers to go for mergers or be acquired to achieve economies of scale.

Read the source article at Yahoo Finance

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s