Hynix/LAMD

SK Hynix focuses on flash memory with first US acquisition

SK Hynix, a leading semiconductor supplier, makes its first US acquisition with the purchase of California-based Link_A_Media Devices, a maker of memory-chip controllers.
<div style="text-align: left;"> Microsoft's new Surface tablet runs on flash memory </div>
<div style="text-align: left;"> Microsoft's new Surface tablet runs on flash memory </div>
June 21, 2012

SK Hynix, one of the world’s major semiconductor suppliers, has bought Link_A_Media Devices (LAMD) for $248 million in cash. The deal is expected to close in August, when LAMD will join Hynix as a business unit focused on customised NAND-based flash memory solutions.

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