Intel, STMicroelectronics open doors to Numonyx (InfoWorld)
Intel, STMicroelectronics, and Francisco Partners finally closed a deal on Monday to launch Numonyx, a flash-memory joint venture between the three companies, with much less funding than originally expected. The company will receive $450 million in loans from lenders, about $900 million less than the secured debt that was expected when the Numonyx deal was originally announced in May …
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