(Reuters) - TEL AVIV, June 25 - The newly appointed head of Intel Corp. and STMicroelectronics' flash memory joint venture said on Monday no layoffs were anticipated after the companies' activities are combined.
Intel and Franco-Italian STMicro said last month they would hive off their flash memory units and put them together with the backing of private equity firm Francisco Partners.
Read more at Reuters.com Mergers News
Intel and Franco-Italian STMicro said last month they would hive off their flash memory units and put them together with the backing of private equity firm Francisco Partners.
Read more at Reuters.com Mergers News
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