Intel and SK hynix close NAND business deal: Intel gets $1.9 billion, SK hynix gets IP and employees

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Intel and SK hynix close NAND business deal: Intel gets .9 billion, SK hynix gets IP and employees

Intel and SK hynix this week finalized their nearly $8.85 billion transaction of Intel’s NAND flash memory operations, completing a two-part process that began in 2020.

On Thursday, Intel received a final payment of $1.9 billion from SK hynix,…

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https://www.tomshardware.com/pc-components/ssds/intel-and-sk-hynix-close-nand-business-deal-intel-gets-usd1-9-billion-sk-hynix-gets-ip-and-employees

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