Business
Micron Electronics to sell PC business
Micron Electronics said on Tuesday that it has agreed to sell the assets and liabilities of its PC business to investment firm Gores Technology Group for an undisclosed amount. Gores specializes in buying ailing businesses and turning them around.
Micron Electronics said on Tuesday that it has agreed to sell the assets and liabilities of its PC business to investment firm Gores Technology Group for an undisclosed amount. Gores specializes in buying ailing businesses and turning them around. Most recently, it purchased The Learning Company from Mattel. The deal is expected to close within approximately 30 days, Micron said. Full story. -- John G. Spooner, ZDNet News