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Micron Technology (Crucial Memory) Buys Avago Tech

Micron Technology has purchased the image-sensor business of privately held Avago Technologies in a deal worth at least $53 million, the memory maker announced Monday

Avago's 90-person imaging team will join Micron, which already makes image sensors used in camera phones and other products. The addition of Avago's expertise will help Micron expand its imaging offerings into automotive, security, consumer electronics and medical applications, the company said

The Street

Posted by | Tue, Dec 12, 2006 - 11:04 AM


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