If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
A flash memory joint venture owned by STMicroelectronics , Intel Corp and Francisco Partners will get about half the debt financing originally intended and has delayed closing until March 28.
Hit by turmoil in the debt capital markets, STMicroelectronics, Intel and Francisco Partners agreed to extend the deadline to launch a flash-memory joint venture to March 28.
The players involved in creating a joint venture from the old Flash Memory Group at Intel Corp. have extended the deadline to complete their deal to late March. (INTC) (STM)
Hit by turmoil in the debt capital markets, STMicroelectronics, Intel, and Francisco Partners agreed on Wednesday to extend the deadline to launch Numonyx, a flash-memory joint venture between the three companies, to March 28.
Companies agree to extend the deadline to launch joint flash-memory venture Numonyx.