Micron Technology Announcement & Cisco Systems Introduces New Product: (NASDAQ: MU), (NASDAQ: CSCO)
New York (February 20th, 2013) - Micron Technology Inc. (NASDAQ: MU) announced that the Chinese Ministry of Commerce has given antitrust clearance for Micron's previously announced proposed acquisition of Elpida. China's approval was the last remaining antitrust pre-merger clearance required for completion of the transaction. Pre-merger approvals were previously obtained from the United States, Czech Republic, Japan, South Korea, Singapore and Taiwan.
Elpida Memory, Inc. is a leading manufacturer of Dynamic Random Access Memory (DRAM) integrated circuits. The company's design, manufacturing and sales operations are backed by world class technological expertise.Micron Technology, Inc., is one of the world's leading providers of advanced semiconductor solutions.
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Cisco Systems, Inc. (NASDAQ: CSCO) introduced a range of major innovations to enable service providers to more effectively monetize those connections. The new Cisco technologies enable service providers to deliver new, better and more personalized connected experiences and to gain more intelligence about those networked connections that they can utilize to deliver new revenue-generating services.
Cisco introduced the Cisco® Quantum. The result of the integration of more than $1.5 billion in recent acquisitions with in-house innovation, Cisco Quantum delivers unparalleled mobile network intelligence to service providers and enables greater network programmability, a key building block for the delivering of new network services.
Find out more on CSCO here: http://www.wallstreetscoop.net/market-scan/?symbol=CSCO
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