Amstrad Plc’s solution to the memory chip shortage problem, foreshadowed here last month (CI No 1,016), turns out to be a pact under which it will pay $75m for a 9% stake in Micron Technology Inc, Boise, Idaho. Amstrad gets first refusal on 9.03% of output for three years. Details, Amstrad figures – page 5.
Amstrad Plc’s solution to the memory chip shortage problem, foreshadowed here last month (CI No 1,016), turns out to be a pact under which it will pay $75m for a 9% stake in Micron Technology Inc, Boise, Idaho. Amstrad gets first refusal on 9.03% of output for three years. Details, Amstrad figures – page 5.
