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Elpida merger

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Elpida bondholders in the U.S., who have staunchly resisted the planned sale of Elpida Memory Inc. to Micron Technology Inc., brought new facts to light on Monday which could potentially spell doom for the Elpida-Micron deal. The bondholders claimed that the bankrupt chipmaker Elpida, which is based in Japan, had been involved in several unauthorized transactions with respect to its assets in the U.S.

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Elpida Memory Inc., world’s third’s largest dynamic random-access memory (DRAM) memory chip maker, in search of ways to deal with Samsung Electronics, the world’s largest and Hynix second-largest, in collaboration with U.S. firm Micron Technology and Taiwan’s Nanya Technology.

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