SlideShare a Scribd company logo
1 of 3
Download to read offline
UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                                                   Washington, D.C. 20549


                                                      FORM 8-K
                                                  CURRENT REPORT
                         Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

                                                        March 1, 2006
                                         Date of Report (date of earliest event reported)

                                   MICRON TECHNOLOGY, INC.
                                      (Exact name of registrant as specified in its charter)

                   Delaware                                 1-10658                                   75-1618004
 (State or other jurisdiction of incorporation)      (Commission File Number)               (I.R.S. Employer Identification No.)

                                                    8000 South Federal Way
                                                    Boise, Idaho 83716-9632
                                              (Address of principal executive offices)

                                                            (208) 368-4000
                                         (Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions (see General Instruction A.2. below):

   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c))
Item 1.01     Entry into a Material Definitive Agreement

    Since 1998, the Company has participated in TECH Semiconductor Singapore Pte. Ltd. (“TECH”), a semiconductor
memory manufacturing joint venture in Singapore among the Company, the Singapore Economic Development Board,
Canon Inc. and Hewlett-Packard Company. On March 3, 2006, certain shareholders of TECH contributed approximately
$260 million in cash as additional capital to TECH, of which the Company’s contribution was approximately $130 million.
Following the contribution, the Company has an approximate 43% ownership interest in TECH.

     On March 1, 2006, the Company entered into an agreement with the EDB Investments Pte Ltd (“EDBI”), subject to
EDBI’s contribution of additional amounts to TECH, whereby EDBI granted the Company an option to purchase from
EDBI, and the Company granted EDBI an option to sell to the Company, EDBI’s shares of TECH common stock. The
Company’s option to purchase EDBI’s shares in TECH is exercisable at any time until October 1, 2009. EDBI’s option to
put its shares in TECH to the Company is exercisable from March 3, 2008 until October 1, 2010. If either party exercises
its option, the Company expects that it would own approximately 73% of the outstanding shares of TECH.


Item 2.01     Completion of Acquisition or Disposition of Assets

     The Financial Accounting Standards Board’s Interpretation No. 46, “Consolidation of Variable Interest Entities – an
interpretation of ARB No. 51,” (revised) (“FIN 46(R)”) provides guidance on the identification of and reporting for
variable interest entities. FIN 46(R) requires that a company consolidate a variable interest entity when the company is the
primary beneficiary of the variable interest entity. The primary beneficiary of a variable interest entity is the party that
absorbs a majority of the entity’s expected losses, receives a majority of its expected residual returns, or both, as a result of
holding a variable interest.

     As a result of the option agreement noted in Item 1.01, the Company has concluded that it is the primary beneficiary of
TECH as defined by FIN 46(R) and, therefore, will consolidate TECH’s financial results at the beginning of the Company’s
third quarter of fiscal 2006.
SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.


                                                                        MICRON TECHNOLOGY, INC.


Date: March 7, 2006                                                     By:    /s/ W. G. Stover, Jr.
                                                                        Name: W. G. Stover, Jr.
                                                                        Title: Vice President of Finance and
                                                                               Chief Financial Officer

More Related Content

What's hot

micron technollogy 10KFY2007
micron technollogy 10KFY2007micron technollogy 10KFY2007
micron technollogy 10KFY2007
finance36
 
micron technollogy entry_into_material_definitive_agreement_2006_06_06
micron technollogy entry_into_material_definitive_agreement_2006_06_06micron technollogy entry_into_material_definitive_agreement_2006_06_06
micron technollogy entry_into_material_definitive_agreement_2006_06_06
finance36
 
micron technollogy entry_material_definitive_agreement060406
micron technollogy entry_material_definitive_agreement060406micron technollogy entry_material_definitive_agreement060406
micron technollogy entry_material_definitive_agreement060406
finance36
 
micron technollogy 2007_8k_entry_material_definitive_agreement
micron technollogy 2007_8k_entry_material_definitive_agreementmicron technollogy 2007_8k_entry_material_definitive_agreement
micron technollogy 2007_8k_entry_material_definitive_agreement
finance36
 
TechTarget Sec Filing 8k Notice Of Delisting Or Failure To Satisfy A Continue...
TechTarget Sec Filing 8k Notice Of Delisting Or Failure To Satisfy A Continue...TechTarget Sec Filing 8k Notice Of Delisting Or Failure To Satisfy A Continue...
TechTarget Sec Filing 8k Notice Of Delisting Or Failure To Satisfy A Continue...
Manya Mohan
 
micron technollogy 10k_2006
micron technollogy 10k_2006micron technollogy 10k_2006
micron technollogy 10k_2006
finance36
 
micron technollogy 2006_8-K_Lexar_FINAL
micron technollogy 2006_8-K_Lexar_FINALmicron technollogy 2006_8-K_Lexar_FINAL
micron technollogy 2006_8-K_Lexar_FINAL
finance36
 
micron technollogy 2007_8_K_other_events
micron technollogy 2007_8_K_other_eventsmicron technollogy 2007_8_K_other_events
micron technollogy 2007_8_K_other_events
finance36
 
REALOGY8K2808
REALOGY8K2808REALOGY8K2808
REALOGY8K2808
finance35
 
micron technollogy 1998_10k
micron technollogy 1998_10kmicron technollogy 1998_10k
micron technollogy 1998_10k
finance36
 
micron technollogy 2000_10k
micron technollogy 2000_10kmicron technollogy 2000_10k
micron technollogy 2000_10k
finance36
 
micron technollogy 10k_2005
micron technollogy 10k_2005micron technollogy 10k_2005
micron technollogy 10k_2005
finance36
 
micron technollogy 10k_2008
micron technollogy 10k_2008micron technollogy 10k_2008
micron technollogy 10k_2008
finance36
 
Tech Target Sec Filing Termination Of Definitive Agreement
Tech Target Sec Filing Termination Of Definitive AgreementTech Target Sec Filing Termination Of Definitive Agreement
Tech Target Sec Filing Termination Of Definitive Agreement
Manya Mohan
 
micron technollogy 2003_10-K
micron technollogy 2003_10-Kmicron technollogy 2003_10-K
micron technollogy 2003_10-K
finance36
 
dover _FINAL_2004_10K
dover _FINAL_2004_10Kdover _FINAL_2004_10K
dover _FINAL_2004_10K
finance30
 

What's hot (19)

micron technollogy 10KFY2007
micron technollogy 10KFY2007micron technollogy 10KFY2007
micron technollogy 10KFY2007
 
micron technollogy entry_into_material_definitive_agreement_2006_06_06
micron technollogy entry_into_material_definitive_agreement_2006_06_06micron technollogy entry_into_material_definitive_agreement_2006_06_06
micron technollogy entry_into_material_definitive_agreement_2006_06_06
 
micron technollogy entry_material_definitive_agreement060406
micron technollogy entry_material_definitive_agreement060406micron technollogy entry_material_definitive_agreement060406
micron technollogy entry_material_definitive_agreement060406
 
micron technollogy 2007_8k_entry_material_definitive_agreement
micron technollogy 2007_8k_entry_material_definitive_agreementmicron technollogy 2007_8k_entry_material_definitive_agreement
micron technollogy 2007_8k_entry_material_definitive_agreement
 
TechTarget Sec Filing 8k Notice Of Delisting Or Failure To Satisfy A Continue...
TechTarget Sec Filing 8k Notice Of Delisting Or Failure To Satisfy A Continue...TechTarget Sec Filing 8k Notice Of Delisting Or Failure To Satisfy A Continue...
TechTarget Sec Filing 8k Notice Of Delisting Or Failure To Satisfy A Continue...
 
micron technollogy 10k_2006
micron technollogy 10k_2006micron technollogy 10k_2006
micron technollogy 10k_2006
 
2006_10K
2006_10K2006_10K
2006_10K
 
micron technollogy 2006_8-K_Lexar_FINAL
micron technollogy 2006_8-K_Lexar_FINALmicron technollogy 2006_8-K_Lexar_FINAL
micron technollogy 2006_8-K_Lexar_FINAL
 
micron technollogy 2007_8_K_other_events
micron technollogy 2007_8_K_other_eventsmicron technollogy 2007_8_K_other_events
micron technollogy 2007_8_K_other_events
 
Q2 2009 Earning Report of Geo Pharma, Inc.
Q2 2009 Earning Report of Geo Pharma, Inc.Q2 2009 Earning Report of Geo Pharma, Inc.
Q2 2009 Earning Report of Geo Pharma, Inc.
 
REALOGY8K2808
REALOGY8K2808REALOGY8K2808
REALOGY8K2808
 
micron technollogy 1998_10k
micron technollogy 1998_10kmicron technollogy 1998_10k
micron technollogy 1998_10k
 
micron technollogy 2000_10k
micron technollogy 2000_10kmicron technollogy 2000_10k
micron technollogy 2000_10k
 
Alibaba IPO Filing (Form F1 5/6/2014)
Alibaba IPO Filing (Form F1 5/6/2014)Alibaba IPO Filing (Form F1 5/6/2014)
Alibaba IPO Filing (Form F1 5/6/2014)
 
micron technollogy 10k_2005
micron technollogy 10k_2005micron technollogy 10k_2005
micron technollogy 10k_2005
 
micron technollogy 10k_2008
micron technollogy 10k_2008micron technollogy 10k_2008
micron technollogy 10k_2008
 
Tech Target Sec Filing Termination Of Definitive Agreement
Tech Target Sec Filing Termination Of Definitive AgreementTech Target Sec Filing Termination Of Definitive Agreement
Tech Target Sec Filing Termination Of Definitive Agreement
 
micron technollogy 2003_10-K
micron technollogy 2003_10-Kmicron technollogy 2003_10-K
micron technollogy 2003_10-K
 
dover _FINAL_2004_10K
dover _FINAL_2004_10Kdover _FINAL_2004_10K
dover _FINAL_2004_10K
 

Viewers also liked

SHAWGROUPAR2000
SHAWGROUPAR2000SHAWGROUPAR2000
SHAWGROUPAR2000
finance36
 
micron technollogy Q1_2008_10-Q
micron technollogy Q1_2008_10-Qmicron technollogy Q1_2008_10-Q
micron technollogy Q1_2008_10-Q
finance36
 
marshall & llsley corp annual reports 2004
marshall  & llsley corp annual reports 2004marshall  & llsley corp annual reports 2004
marshall & llsley corp annual reports 2004
finance36
 
HXN2007Q1ConfCallFinal
HXN2007Q1ConfCallFinalHXN2007Q1ConfCallFinal
HXN2007Q1ConfCallFinal
finance36
 
unisys 07238899
unisys 07238899unisys 07238899
unisys 07238899
finance36
 
marshall & llsley corp annual reports 2003
marshall  & llsley corp annual reports 2003marshall  & llsley corp annual reports 2003
marshall & llsley corp annual reports 2003
finance36
 
marshall & llsley corp annual reports2000
marshall  & llsley corp annual reports2000 marshall  & llsley corp annual reports2000
marshall & llsley corp annual reports2000
finance36
 

Viewers also liked (7)

SHAWGROUPAR2000
SHAWGROUPAR2000SHAWGROUPAR2000
SHAWGROUPAR2000
 
micron technollogy Q1_2008_10-Q
micron technollogy Q1_2008_10-Qmicron technollogy Q1_2008_10-Q
micron technollogy Q1_2008_10-Q
 
marshall & llsley corp annual reports 2004
marshall  & llsley corp annual reports 2004marshall  & llsley corp annual reports 2004
marshall & llsley corp annual reports 2004
 
HXN2007Q1ConfCallFinal
HXN2007Q1ConfCallFinalHXN2007Q1ConfCallFinal
HXN2007Q1ConfCallFinal
 
unisys 07238899
unisys 07238899unisys 07238899
unisys 07238899
 
marshall & llsley corp annual reports 2003
marshall  & llsley corp annual reports 2003marshall  & llsley corp annual reports 2003
marshall & llsley corp annual reports 2003
 
marshall & llsley corp annual reports2000
marshall  & llsley corp annual reports2000 marshall  & llsley corp annual reports2000
marshall & llsley corp annual reports2000
 

Similar to micron technollogy 8-K_030106_tech

micron technollogy 2006_8_k_entry_mda
micron technollogy 2006_8_k_entry_mdamicron technollogy 2006_8_k_entry_mda
micron technollogy 2006_8_k_entry_mda
finance36
 
micron technollogy 8k_040208
micron technollogy 8k_040208micron technollogy 8k_040208
micron technollogy 8k_040208
finance36
 
micron technollogy 8-k_110107
micron technollogy 8-k_110107micron technollogy 8-k_110107
micron technollogy 8-k_110107
finance36
 
2006_8-K_aoki_switz_comm_bylaws
2006_8-K_aoki_switz_comm_bylaws2006_8-K_aoki_switz_comm_bylaws
2006_8-K_aoki_switz_comm_bylaws
finance36
 
micron technollogy other_events2006_9_06
micron technollogy other_events2006_9_06micron technollogy other_events2006_9_06
micron technollogy other_events2006_9_06
finance36
 
micron technollogy 8k_100908
micron technollogy 8k_100908micron technollogy 8k_100908
micron technollogy 8k_100908
finance36
 
micron technollogy 8k_q407
micron technollogy 8k_q407micron technollogy 8k_q407
micron technollogy 8k_q407
finance36
 
micron technollogy 10_08_8k_definitive_agreement
micron technollogy 10_08_8k_definitive_agreementmicron technollogy 10_08_8k_definitive_agreement
micron technollogy 10_08_8k_definitive_agreement
finance36
 
micron technollogy 8K_032900_StockSplit
micron technollogy 8K_032900_StockSplitmicron technollogy 8K_032900_StockSplit
micron technollogy 8K_032900_StockSplit
finance36
 
Realogy22613a
Realogy22613aRealogy22613a
Realogy22613a
finance35
 
Realogy22613a
Realogy22613aRealogy22613a
Realogy22613a
finance35
 
Tech Target Sc13 G Statement Of Beneficial Ownership
Tech Target Sc13 G Statement Of Beneficial OwnershipTech Target Sc13 G Statement Of Beneficial Ownership
Tech Target Sc13 G Statement Of Beneficial Ownership
Manya Mohan
 
micron technollogy 8K_100108
micron technollogy 8K_100108micron technollogy 8K_100108
micron technollogy 8K_100108
finance36
 
micron technollogy 8-K_092403_450M_Intel_Invest
micron technollogy 8-K_092403_450M_Intel_Investmicron technollogy 8-K_092403_450M_Intel_Invest
micron technollogy 8-K_092403_450M_Intel_Invest
finance36
 
micron technollogy 2004_Q1_10Q-A
micron technollogy 2004_Q1_10Q-Amicron technollogy 2004_Q1_10Q-A
micron technollogy 2004_Q1_10Q-A
finance36
 
micron technollogy 2008_8-KInotera-QimondaAFP
micron technollogy 2008_8-KInotera-QimondaAFPmicron technollogy 2008_8-KInotera-QimondaAFP
micron technollogy 2008_8-KInotera-QimondaAFP
finance36
 
REALOGY8K2808
REALOGY8K2808REALOGY8K2808
REALOGY8K2808
finance35
 
micron technollogy 8-K_062806
micron technollogy 8-K_062806micron technollogy 8-K_062806
micron technollogy 8-K_062806
finance36
 
micron technollogy 8-K_2007_EIP_AFP
micron technollogy 8-K_2007_EIP_AFPmicron technollogy 8-K_2007_EIP_AFP
micron technollogy 8-K_2007_EIP_AFP
finance36
 
micron technollogy 8K_Q308
micron technollogy 8K_Q308micron technollogy 8K_Q308
micron technollogy 8K_Q308
finance36
 

Similar to micron technollogy 8-K_030106_tech (20)

micron technollogy 2006_8_k_entry_mda
micron technollogy 2006_8_k_entry_mdamicron technollogy 2006_8_k_entry_mda
micron technollogy 2006_8_k_entry_mda
 
micron technollogy 8k_040208
micron technollogy 8k_040208micron technollogy 8k_040208
micron technollogy 8k_040208
 
micron technollogy 8-k_110107
micron technollogy 8-k_110107micron technollogy 8-k_110107
micron technollogy 8-k_110107
 
2006_8-K_aoki_switz_comm_bylaws
2006_8-K_aoki_switz_comm_bylaws2006_8-K_aoki_switz_comm_bylaws
2006_8-K_aoki_switz_comm_bylaws
 
micron technollogy other_events2006_9_06
micron technollogy other_events2006_9_06micron technollogy other_events2006_9_06
micron technollogy other_events2006_9_06
 
micron technollogy 8k_100908
micron technollogy 8k_100908micron technollogy 8k_100908
micron technollogy 8k_100908
 
micron technollogy 8k_q407
micron technollogy 8k_q407micron technollogy 8k_q407
micron technollogy 8k_q407
 
micron technollogy 10_08_8k_definitive_agreement
micron technollogy 10_08_8k_definitive_agreementmicron technollogy 10_08_8k_definitive_agreement
micron technollogy 10_08_8k_definitive_agreement
 
micron technollogy 8K_032900_StockSplit
micron technollogy 8K_032900_StockSplitmicron technollogy 8K_032900_StockSplit
micron technollogy 8K_032900_StockSplit
 
Realogy22613a
Realogy22613aRealogy22613a
Realogy22613a
 
Realogy22613a
Realogy22613aRealogy22613a
Realogy22613a
 
Tech Target Sc13 G Statement Of Beneficial Ownership
Tech Target Sc13 G Statement Of Beneficial OwnershipTech Target Sc13 G Statement Of Beneficial Ownership
Tech Target Sc13 G Statement Of Beneficial Ownership
 
micron technollogy 8K_100108
micron technollogy 8K_100108micron technollogy 8K_100108
micron technollogy 8K_100108
 
micron technollogy 8-K_092403_450M_Intel_Invest
micron technollogy 8-K_092403_450M_Intel_Investmicron technollogy 8-K_092403_450M_Intel_Invest
micron technollogy 8-K_092403_450M_Intel_Invest
 
micron technollogy 2004_Q1_10Q-A
micron technollogy 2004_Q1_10Q-Amicron technollogy 2004_Q1_10Q-A
micron technollogy 2004_Q1_10Q-A
 
micron technollogy 2008_8-KInotera-QimondaAFP
micron technollogy 2008_8-KInotera-QimondaAFPmicron technollogy 2008_8-KInotera-QimondaAFP
micron technollogy 2008_8-KInotera-QimondaAFP
 
REALOGY8K2808
REALOGY8K2808REALOGY8K2808
REALOGY8K2808
 
micron technollogy 8-K_062806
micron technollogy 8-K_062806micron technollogy 8-K_062806
micron technollogy 8-K_062806
 
micron technollogy 8-K_2007_EIP_AFP
micron technollogy 8-K_2007_EIP_AFPmicron technollogy 8-K_2007_EIP_AFP
micron technollogy 8-K_2007_EIP_AFP
 
micron technollogy 8K_Q308
micron technollogy 8K_Q308micron technollogy 8K_Q308
micron technollogy 8K_Q308
 

More from finance36

unisys 2001_1Q_10Q
unisys 2001_1Q_10Qunisys 2001_1Q_10Q
unisys 2001_1Q_10Q
finance36
 
unisys 2001_2Q_10Q
unisys 2001_2Q_10Qunisys 2001_2Q_10Q
unisys 2001_2Q_10Q
finance36
 
unisys 2001_3Q_10Q
unisys 2001_3Q_10Qunisys 2001_3Q_10Q
unisys 2001_3Q_10Q
finance36
 
unisys 2001_10K
unisys 2001_10Kunisys 2001_10K
unisys 2001_10K
finance36
 
unisys 2002_1Q_10Q
unisys 2002_1Q_10Qunisys 2002_1Q_10Q
unisys 2002_1Q_10Q
finance36
 
unisys 2002_2Q_10Q
unisys 2002_2Q_10Qunisys 2002_2Q_10Q
unisys 2002_2Q_10Q
finance36
 
unisys 2002_3Q_10Q
unisys 2002_3Q_10Qunisys 2002_3Q_10Q
unisys 2002_3Q_10Q
finance36
 
unisys 2002_10K
unisys 2002_10Kunisys 2002_10K
unisys 2002_10K
finance36
 
unisys 2003_1Q_10Q
unisys 2003_1Q_10Qunisys 2003_1Q_10Q
unisys 2003_1Q_10Q
finance36
 
unisys 2003_2Q_10Q
unisys 2003_2Q_10Qunisys 2003_2Q_10Q
unisys 2003_2Q_10Q
finance36
 
unisys 2003_3Q_10Q
unisys 2003_3Q_10Qunisys 2003_3Q_10Q
unisys 2003_3Q_10Q
finance36
 
unisys 2003_4Q_10K
unisys 2003_4Q_10Kunisys 2003_4Q_10K
unisys 2003_4Q_10K
finance36
 
unisys 1Q04_10Q
unisys 1Q04_10Qunisys 1Q04_10Q
unisys 1Q04_10Q
finance36
 
unisys 1Q04_SPR
unisys 1Q04_SPRunisys 1Q04_SPR
unisys 1Q04_SPR
finance36
 
unisys 2Q04_10Q
unisys 2Q04_10Qunisys 2Q04_10Q
unisys 2Q04_10Q
finance36
 
unisys 2Q04_SPR
unisys 2Q04_SPRunisys 2Q04_SPR
unisys 2Q04_SPR
finance36
 
unisys 3Q04_10Q
unisys 3Q04_10Qunisys 3Q04_10Q
unisys 3Q04_10Q
finance36
 
unisys 3Q04_SPR
unisys 3Q04_SPRunisys 3Q04_SPR
unisys 3Q04_SPR
finance36
 
unisys 2004_4Q_10K
unisys 2004_4Q_10Kunisys 2004_4Q_10K
unisys 2004_4Q_10K
finance36
 
unisys 4Q04_SPR
unisys 4Q04_SPRunisys 4Q04_SPR
unisys 4Q04_SPR
finance36
 

More from finance36 (20)

unisys 2001_1Q_10Q
unisys 2001_1Q_10Qunisys 2001_1Q_10Q
unisys 2001_1Q_10Q
 
unisys 2001_2Q_10Q
unisys 2001_2Q_10Qunisys 2001_2Q_10Q
unisys 2001_2Q_10Q
 
unisys 2001_3Q_10Q
unisys 2001_3Q_10Qunisys 2001_3Q_10Q
unisys 2001_3Q_10Q
 
unisys 2001_10K
unisys 2001_10Kunisys 2001_10K
unisys 2001_10K
 
unisys 2002_1Q_10Q
unisys 2002_1Q_10Qunisys 2002_1Q_10Q
unisys 2002_1Q_10Q
 
unisys 2002_2Q_10Q
unisys 2002_2Q_10Qunisys 2002_2Q_10Q
unisys 2002_2Q_10Q
 
unisys 2002_3Q_10Q
unisys 2002_3Q_10Qunisys 2002_3Q_10Q
unisys 2002_3Q_10Q
 
unisys 2002_10K
unisys 2002_10Kunisys 2002_10K
unisys 2002_10K
 
unisys 2003_1Q_10Q
unisys 2003_1Q_10Qunisys 2003_1Q_10Q
unisys 2003_1Q_10Q
 
unisys 2003_2Q_10Q
unisys 2003_2Q_10Qunisys 2003_2Q_10Q
unisys 2003_2Q_10Q
 
unisys 2003_3Q_10Q
unisys 2003_3Q_10Qunisys 2003_3Q_10Q
unisys 2003_3Q_10Q
 
unisys 2003_4Q_10K
unisys 2003_4Q_10Kunisys 2003_4Q_10K
unisys 2003_4Q_10K
 
unisys 1Q04_10Q
unisys 1Q04_10Qunisys 1Q04_10Q
unisys 1Q04_10Q
 
unisys 1Q04_SPR
unisys 1Q04_SPRunisys 1Q04_SPR
unisys 1Q04_SPR
 
unisys 2Q04_10Q
unisys 2Q04_10Qunisys 2Q04_10Q
unisys 2Q04_10Q
 
unisys 2Q04_SPR
unisys 2Q04_SPRunisys 2Q04_SPR
unisys 2Q04_SPR
 
unisys 3Q04_10Q
unisys 3Q04_10Qunisys 3Q04_10Q
unisys 3Q04_10Q
 
unisys 3Q04_SPR
unisys 3Q04_SPRunisys 3Q04_SPR
unisys 3Q04_SPR
 
unisys 2004_4Q_10K
unisys 2004_4Q_10Kunisys 2004_4Q_10K
unisys 2004_4Q_10K
 
unisys 4Q04_SPR
unisys 4Q04_SPRunisys 4Q04_SPR
unisys 4Q04_SPR
 

Recently uploaded

Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in  Yamuna Vihar  (delhi) call me [🔝9953056974🔝] escort service 24X7Call Girls in  Yamuna Vihar  (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 

Recently uploaded (20)

Call Girls in Benson Town / 8250092165 Genuine Call girls with real Photos an...
Call Girls in Benson Town / 8250092165 Genuine Call girls with real Photos an...Call Girls in Benson Town / 8250092165 Genuine Call girls with real Photos an...
Call Girls in Benson Town / 8250092165 Genuine Call girls with real Photos an...
 
Explore Dual Citizenship in Africa | Citizenship Benefits & Requirements
Explore Dual Citizenship in Africa | Citizenship Benefits & RequirementsExplore Dual Citizenship in Africa | Citizenship Benefits & Requirements
Explore Dual Citizenship in Africa | Citizenship Benefits & Requirements
 
7 tips trading Deriv Accumulator Options
7 tips trading Deriv Accumulator Options7 tips trading Deriv Accumulator Options
7 tips trading Deriv Accumulator Options
 
Call Girls Howrah ( 8250092165 ) Cheap rates call girls | Get low budget
Call Girls Howrah ( 8250092165 ) Cheap rates call girls | Get low budgetCall Girls Howrah ( 8250092165 ) Cheap rates call girls | Get low budget
Call Girls Howrah ( 8250092165 ) Cheap rates call girls | Get low budget
 
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
 
Toronto dominion bank investor presentation.pdf
Toronto dominion bank investor presentation.pdfToronto dominion bank investor presentation.pdf
Toronto dominion bank investor presentation.pdf
 
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
 
Collecting banker, Capacity of collecting Banker, conditions under section 13...
Collecting banker, Capacity of collecting Banker, conditions under section 13...Collecting banker, Capacity of collecting Banker, conditions under section 13...
Collecting banker, Capacity of collecting Banker, conditions under section 13...
 
7 steps to achieve financial freedom.pdf
7 steps to achieve financial freedom.pdf7 steps to achieve financial freedom.pdf
7 steps to achieve financial freedom.pdf
 
Thane Call Girls , 07506202331 Kalyan Call Girls
Thane Call Girls , 07506202331 Kalyan Call GirlsThane Call Girls , 07506202331 Kalyan Call Girls
Thane Call Girls , 07506202331 Kalyan Call Girls
 
Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in  Yamuna Vihar  (delhi) call me [🔝9953056974🔝] escort service 24X7Call Girls in  Yamuna Vihar  (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
 
Technology industry / Finnish economic outlook
Technology industry / Finnish economic outlookTechnology industry / Finnish economic outlook
Technology industry / Finnish economic outlook
 
Bhubaneswar🌹Ravi Tailkes ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...
Bhubaneswar🌹Ravi Tailkes  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...Bhubaneswar🌹Ravi Tailkes  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...
Bhubaneswar🌹Ravi Tailkes ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...
 
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
 
Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...
Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...
Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...
 
Pension dashboards forum 1 May 2024 (1).pdf
Pension dashboards forum 1 May 2024 (1).pdfPension dashboards forum 1 May 2024 (1).pdf
Pension dashboards forum 1 May 2024 (1).pdf
 
falcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunitiesfalcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunities
 
Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024
 
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai MultipleDubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
 
Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...
Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...
Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...
 

micron technollogy 8-K_030106_tech

  • 1. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 March 1, 2006 Date of Report (date of earliest event reported) MICRON TECHNOLOGY, INC. (Exact name of registrant as specified in its charter) Delaware 1-10658 75-1618004 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 8000 South Federal Way Boise, Idaho 83716-9632 (Address of principal executive offices) (208) 368-4000 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c))
  • 2. Item 1.01 Entry into a Material Definitive Agreement Since 1998, the Company has participated in TECH Semiconductor Singapore Pte. Ltd. (“TECH”), a semiconductor memory manufacturing joint venture in Singapore among the Company, the Singapore Economic Development Board, Canon Inc. and Hewlett-Packard Company. On March 3, 2006, certain shareholders of TECH contributed approximately $260 million in cash as additional capital to TECH, of which the Company’s contribution was approximately $130 million. Following the contribution, the Company has an approximate 43% ownership interest in TECH. On March 1, 2006, the Company entered into an agreement with the EDB Investments Pte Ltd (“EDBI”), subject to EDBI’s contribution of additional amounts to TECH, whereby EDBI granted the Company an option to purchase from EDBI, and the Company granted EDBI an option to sell to the Company, EDBI’s shares of TECH common stock. The Company’s option to purchase EDBI’s shares in TECH is exercisable at any time until October 1, 2009. EDBI’s option to put its shares in TECH to the Company is exercisable from March 3, 2008 until October 1, 2010. If either party exercises its option, the Company expects that it would own approximately 73% of the outstanding shares of TECH. Item 2.01 Completion of Acquisition or Disposition of Assets The Financial Accounting Standards Board’s Interpretation No. 46, “Consolidation of Variable Interest Entities – an interpretation of ARB No. 51,” (revised) (“FIN 46(R)”) provides guidance on the identification of and reporting for variable interest entities. FIN 46(R) requires that a company consolidate a variable interest entity when the company is the primary beneficiary of the variable interest entity. The primary beneficiary of a variable interest entity is the party that absorbs a majority of the entity’s expected losses, receives a majority of its expected residual returns, or both, as a result of holding a variable interest. As a result of the option agreement noted in Item 1.01, the Company has concluded that it is the primary beneficiary of TECH as defined by FIN 46(R) and, therefore, will consolidate TECH’s financial results at the beginning of the Company’s third quarter of fiscal 2006.
  • 3. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MICRON TECHNOLOGY, INC. Date: March 7, 2006 By: /s/ W. G. Stover, Jr. Name: W. G. Stover, Jr. Title: Vice President of Finance and Chief Financial Officer