# Micron Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/micron-technology

- Industry: Semiconductors
- Headquarters: Boise, US
- Website: www.micron.com/
- Total disclosed funding: $34M
- Latest round: Series C (Aug 11, 2009)
- Investors on record: 3

## About

Micron Technology, Inc., based in the US, specializes in memory and storage solutions, providing essential components for various electronic devices across industries.Micron Technology, Inc. is a leading provider of advanced semiconductor solutions. Founded in 1978 in Boise, US, the company was co-founded by André Guerreiro and Waqas Aleem. Over the years, Micron has engaged in strategic business moves such as the acquisition of its fabrication facility in Nishiwaki City by TowerJazz for USD 140 million in June 2011, and it became public in January 2010. The company has made a total of 6 deals and recently completed a TRADE SALE with Jazz Technologies, raising USD 140.00 mn, a round that encompassed the total amount raised to date.Micron Technology Inc. specializes in innovative memory and storage solutions that serve a wide array of industries. The company’s core offerings include DRAM, NAND flash memory, and solid-state drives (SSDs), which enhance the performance and efficiency of electronic devices. These products are integral to various applications, including data centers, personal computing, mobile devices, and automotive systems, addressing the increasing demand for high-performance data management and storage. Micron's technologies support advanced functionalities such as artificial intelligence and machine learning, driving innovations in sectors like aerospace, healthcare, and retail. The company’s products are distributed globally, with significant market penetration in North America, Europe, and Asia, catering to a diverse customer base that includes OEMs, cloud service providers, and industrial manufacturers.Micron Technology's revenue generation is primarily driven by direct sales of its semiconductor products to businesses across multiple sectors. For the fiscal year 2024, the company reported revenue amounting to USD 25,111.00 mn and an EBITDA of USD 9,084.00 mn. Transactions typically involve business-to-business (B2B) engagements, where clients purchase memory components through structured agreements that include volume pricing and long-term supply contracts. Micron collaborates with major technology firms, providing customized solutions that are essential for their products. Notable offerings such as the Micron 4600 SSD and advanced G9 NAND technology serve as flagship products, demonstrating Micron’s commitment to delivering performance and reliability. The pricing structure for these products is influenced by various factors, including market demand and technological advancements, but specific pricing plans are tailored to align with client needs and contract stipulations.Micron Technology is focused on expanding its product line and market presence. The company has plans to introduce new memory solutions tailored for the growing demand in sectors like artificial intelligence and machine learning. Additionally, Micron aims to penetrate emerging markets in Asia and Europe by 2025. The recent funding from the TRADE SALE of USD 140.00 mn will support these initiatives, allowing the company to enhance its research and development capabilities and accelerate the launch of innovative products. This strategic direction is anticipated to solidify Micron's position in the memory and storage industry.

## Funding rounds

- Series C, Aug 11, 2009, $16M — Celtic House Venture Partners, Gimv
- Series B, Feb 1, 2008, $12M — Scottish Equity Partners
- Series A, Oct 25, 2006, $6.4M — Scottish Equity Partners

## Investors

- Scottish Equity Partners (https://capitalatlas.ai/funds/scottish-equity-partners) — Series A, Series B
- Celtic House Venture Partners (https://capitalatlas.ai/funds/celtic-house-venture-partners) — Series C
- Gimv (https://capitalatlas.ai/funds/gimv) — Series C