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SK Hynix completes Intel NAND business acquisition

PUBLIC · SKHYMar 28, 2025

Acquiring Company

SK hynix

Acquired Company

Intel

IcheonSanta ClaraManufacturingSoftwareManufacturingSoftware

Description

SK Hynix has finalized its acquisition of Intel's NAND flash memory and SSD business. This marks the end of a complex transaction that began nearly four years ago. The final phase included the acquisition of essential intellectual property and personnel. This deal strengthens SK Hynix's position in the global memory chip market.

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Company Information

Company

SK hynix

Location

Icheon, Gyeonggi, South Korea

About

SK hynix Inc., headquartered in Korea, is the world's top tier semiconductor supplier offering Dynamic Random Access Memory chips ("DRAM"), Flash memory chips ("NAND Flash") and CMOS Image Sensors ("CIS") for a wide range of distinguished customers globally. The Company's shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

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Frequently asked

Who acquired Intel?

Intel was acquired by SK hynix, based in Icheon. The deal was reported on March 28, 2025. SK hynix is publicly traded (SKHY) and operates in Manufacturing.

When did SK hynix acquire Intel?

SK hynix's acquisition of Intel was reported on March 28, 2025. SK Hynix has finalized its acquisition of Intel's NAND flash memory and SSD business. This marks the end of a complex transaction that began nearly four years ago. The final phase included the acquisition of essential intellectual property and personnel. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Intel do?

Intel is an industry leader, creating world-changing technology that enables global progress and enriches lives. The company continuously works to advance the design and manufacturing of semiconductors to help address customers’ greatest challenges. It is publicly traded (INTC), operating in Manufacturing, and is based in Santa Clara.

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