Micron Purchases Numonyx
Micron Technology is a company most famous for producing DRAM (Dynamic Random Access Memory), a type of flash memory for computers. They are the largest memory chip producer in the United States, and are based in Boise, Idaho. They have announced that they will be purchasing Numonyx Memory Solutions, another huge flash memory company. They will make the purchase for $1.27 billion. No date has been set yet, but the agreement has been made. So, that being said, Micron is going to be impossible to catch, and will have a monopoly in the flash memory business sooner or later!
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Stocks would be nice right now.