Micron is pleased to announce the close of its acquisition of Intel’s equity interest in the parties’ joint venture, IM Flash Technologies, LLC, effective Oct. 31, 2019.
The Lehi, Utah site is now a wholly owned facility and subsidiary of Micron, with the legal entity name of Micron Technology Utah, LLC.
Purchasing this state-of-the-art facility puts Micron in a strong position to independently drive our technology roadmap, securing our participation in the world’s most influential technology ecosystems and providing the best path to strong returns on our investments.
Announcements
- Micron Brings 3D XPointTM Technology to Market with the World’s Fastest SSD (Oct. 24, 2019)
- Form 8-K: Micron received notice from Intel that the closing for the sale of Intel's noncontrolling interest in IM Flash Technologies, LLC ("IMFT") to Micron will occur on Oct. 31, 2019 (May 3, 2019)
- Micron Exercises Call Option to Acquire Remaining Interest in IM Flash Technologies Joint Venture (Jan. 14, 2019)
- Micron Announces Intent to Acquire Remaining Interest in IM Flash Technologies Joint Venture (Oct. 18, 2018)
Images
- Lehi, Utah:
- X100:
