Micron CEO Sees `Bright Future' After Acquisitions

Micron CEO Sees `Bright Future' After Acquisitions Play

July 3 (Bloomberg) -- Mark Durcan, chief executive officer of Micron Technology Inc., talks about the company's expansion strategy and business outlook. Micron agreed to buy the bankrupt Japanese chipmaker Elpida Memory Inc. in a transaction valued at 200 billion yen ($2.5 billion), gaining memory chip-making assets that may help it avert price swings that fueled four straight quarters of losses. Durcan speaks from Tokyo with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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