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Korea M&A Corporation
SK hynix to acquire Intel’s NAND business for $9 billion
SK hynix is buying Intel’s NAND memory and storage business for $9 billion, one of the largest acquisitions in Korean corporate history. The deal announced on Tuesday will make the Korean chipmaker the second largest NAND flash maker in the world and accelerate Intel’s retreat from the memory chip business. The board of SK hynix approved the deal on Tuesday and announced it on an electronic disc..
Intel Grabs Xircom For $748M By Mark A. Kellner www.NewsFactor.com, Part of the NewsFactor Network January 15, 2001 Two ends of the computer industry moved closer together Monday as Intel Corporation and Xircom, Inc. announced a US$748 million deal that would have Intel acquire Xircom, a Thousands Oaks, California-based maker of PC cards and other networking products, for $25 per share in an all..