8-K/AAcquisitions & DispositionsExhibits & Filings

MICRON TECHNOLOGY INC 8-K/A Report, Acquisition Completed (Jul 19, 2010)

Filed July 19, 2010For Securities:MU

Summary

Micron Technology Inc. (MU) filed an amended 8-K on July 19, 2010, to provide the necessary financial statements and pro forma information related to its acquisition of Numonyx Holdings B.V. The acquisition, completed on May 7, 2010, involved Micron issuing 137,710,146 shares of its common stock as consideration. This filing is crucial for investors to understand the financial impact of this significant strategic move. The attached exhibits include the audited financial statements of Numonyx for the fiscal year ended December 31, 2009, and unaudited pro forma financial information for Micron, reflecting the combined entity post-acquisition. Investors should review these financial details to assess the accretion or dilution of earnings and the overall financial health and strategic positioning of Micron following the Numonyx integration.

Key Highlights

  • 1Micron Technology Inc. completed the acquisition of Numonyx Holdings B.V. on May 7, 2010.
  • 2The acquisition was made pursuant to a Share Purchase Agreement dated February 9, 2010.
  • 3Micron paid for the acquisition by issuing 137,710,146 shares of its common stock.
  • 4This amended 8-K filing includes the audited financial statements of Numonyx for the fiscal year ended December 31, 2009.
  • 5Unaudited pro forma financial information for Micron, reflecting the impact of the Numonyx acquisition, is also provided.
  • 6The filing serves as an update to a previous 8-K filed on May 13, 2010, which announced the acquisition completion and indicated the forthcoming financial statements.

Frequently Asked Questions

This amended 8-K filing was made by Micron Technology Inc. to provide the audited financial statements of Numonyx Holdings B.V. for the fiscal year ended December 31, 2009, and unaudited pro forma financial information for Micron, reflecting the impact of the Numonyx acquisition, as required by SEC regulations following the completion of the acquisition.

Micron financed the acquisition of Numonyx by issuing 137,710,146 shares of its own common stock to the sellers. No cash was exchanged as part of the primary transaction consideration.

The acquisition of Numonyx Holdings B.V. was completed on May 7, 2010.

The audited consolidated financial statements of Numonyx for the fiscal year ended December 31, 2009, are provided as Exhibit 99.1, and the unaudited pro forma financial information for Micron after the acquisition is provided as Exhibit 99.2 to this 8-K/A filing.