Elpida Announces Private Placement by Its Consolidated Subsidiaries
TOKYO, JAPAN, March 27, 2009 – Elpida Memory, Inc (Elpida), Japan's leading global supplier of Dynamic Random Access Memory (DRAM), today announced that the private placement of shares issued by two consolidated subsidiaries, EBS, Inc. and ECM, Inc., has been fully subscribed.
Details about the private placement were announced by Elpida on March 25 (see the news release entitled "Elpida Announces Private Placement by Its Consolidated Subsidiaries" at the company's website).
Elpida Memory, Inc. (Tokyo: 6665) 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. Its 300mm manufacturing facilities, consisting of its Hiroshima Plant and a Taiwan-based joint venture, Rexchip Electronics, utilize the most advanced manufacturing technologies available. Elpida's portfolio features such characteristics as high-density, high-speed, low power and small packaging profiles. The company provides DRAM solutions across a wide range of applications, including high-end servers, mobile phones and digital consumer electronics. More information can be found at http://www.elpida.com.
Information in this news release is current as of the timing of the release, but may be revised later without notice.