8-KRegulation FDExhibits & Filings

MICRON TECHNOLOGY INC 8-K Report, Regulation FD Disclosure (Feb 5, 2013)

Filed February 5, 2013For Securities:MU

Summary

Micron Technology, Inc. (MU) filed a Form 8-K on February 5, 2013, primarily to furnish updated information regarding its proposed acquisition of Elpida Memory, Inc. This filing includes key financial statements for Elpida, both audited for the fiscal years ended March 31, 2012 and 2011, and unaudited for the six months ended September 30, 2012 and 2011. Additionally, the report provides unaudited pro forma financial information for Micron, reflecting the potential impact of the Elpida acquisition, and updated disclosures concerning the acquisition itself and Micron's associated risk factors. Investors should note that this 8-K is focused on providing supplemental financial data and updated disclosures related to a significant strategic transaction. It does not present new operational results or forward-looking guidance from Micron itself, but rather offers a deeper look into the financial standing of the target company, Elpida, and the anticipated pro forma impact of the acquisition. The inclusion of updated risk factors suggests that management is proactively addressing potential challenges related to integrating Elpida and navigating the memory market.

Key Highlights

  • 1Micron is providing updated disclosure and financial information related to its proposed acquisition of Elpida Memory, Inc.
  • 2Audited consolidated financial statements for Elpida Memory, Inc. for fiscal years ended March 31, 2012, and 2011 are attached.
  • 3Unaudited consolidated financial statements for Elpida Memory, Inc. for the six-month periods ended September 30, 2012, and 2011 are included.
  • 4Unaudited pro forma financial information for Micron, reflecting the Elpida acquisition's impact, is furnished.
  • 5Updated disclosures regarding the proposed Elpida acquisition are provided.
  • 6Micron has also updated its disclosure regarding its risk factors.

Frequently Asked Questions

The primary purpose of this 8-K filing is to provide investors with updated information regarding Micron's proposed acquisition of Elpida Memory, Inc. This includes furnishing financial statements of Elpida and pro forma financial information for Micron, as well as updated disclosures about the acquisition and associated risks.

No, this 8-K filing does not present Micron's latest financial results or forward-looking guidance. It is focused on providing financial data related to the Elpida acquisition and updated disclosures.

The filing includes both audited consolidated financial statements for Elpida for the fiscal years ended March 31, 2012 and 2011, and unaudited consolidated financial statements for the six-month periods ended September 30, 2012 and 2011.

Pro forma financial statements present financial information as if a specific event, in this case the acquisition of Elpida, had already occurred. They help investors understand the potential combined financial position and performance of the companies post-acquisition.