Micron becomes largest shareholder of Inotera

Josephine Lien, Taipei; Steve Shen, DIGITIMES Asia 0

US-based DRAM maker Micron has taken up new shares released by Inotera Memories in a private placement for about NT$5 billion (US$169.1 million), or NT$6.55 per share. Consequently, Micron becomes the largest shareholder of Inotera with a 40% stake.

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