About Micron Technology
Micron Technology is a company based in Boise (United States) founded in 1978. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Micron Technology has raised $1.3 billion across 4 funding rounds from investors including European Union and U.S. Department of Commerce. The company has 48,000 employees as of August 31, 2024. Micron Technology has completed 8 acquisitions, including Elpida Memory, FWDNXT and Inotera memories. Micron Technology offers products and services including DRAM Components, NAND Flash, and Data Center SSDs. Micron Technology operates in a competitive market with competitors including Samsung, Adesto, d-Matrix, Avalanche Technology and Nimble Storage, among others.
- Headquarter Boise, United States
- Employees 48000 as on 31 Aug, 2024
- Stage Public
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Micron Technology, Inc.
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Annual Revenue
$25.11 B61.59as on Aug 31, 2024
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Net Profit
$778 M113.34as on Aug 31, 2024
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EBITDA
$9.01 B250.84as on Aug 31, 2024
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Total Equity Funding
$1.3 B (USD)
in 4 rounds
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Latest Funding Round
$6.17 B (USD), Grant
Dec 11, 2024
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Investors
European Union
& 1 more
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Employee Count
48000
as on Aug 31, 2024
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Investments & Acquisitions
Elpida Memory
& 7 more
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IPO & Listings of Micron Technology
Micron Technology is a publicly listed company on the NASDAQ with ticker symbol MU in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Micron Technology
Micron Technology offers a comprehensive portfolio of products and services, including DRAM Components, NAND Flash, and Data Center SSDs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Memory components are provided for various computing needs.
Storage solutions are offered for data retention purposes.
High-performance storage is designed for data center use.
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Software Development Team
288 people
Leadership Team
87 people
Product Management Team
54 people
Sales and Marketing
43 people
Data Analysis and Operations Team
43 people
Senior Team
42 people
Human Resources and Administration
33 people
Creative and Marketing Team
27 people
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Funding Insights of Micron Technology
Micron Technology has successfully raised a total of $1.3B across 4 strategic funding rounds. The most recent funding activity was a Grant round of $6.17 billion completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $6.2B
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First Round
First Round
(01 Jun 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Grant - Micron Technology | Valuation |
investors |
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| Jul, 2018 | Amount | Debt – Conventional - Micron Technology | Valuation |
investors |
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| Jan, 2008 | Amount | Grant - Micron Technology | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Micron Technology
Micron Technology has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and U.S. Department of Commerce. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Economic growth, trade, and business development are promoted nationwide.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Micron Technology
Micron Technology has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Elpida Memory, FWDNXT and Inotera memories. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of machine learning and deep neural network processors
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2016 | ||||
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SSD and NAND flash memory controllers
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2013 | ||||
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Non-volatile memory technologies are designed for consumer and industrial devices.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Micron Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Micron Technology Comparisons
Competitors of Micron Technology
Micron Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Samsung, Adesto, d-Matrix, Avalanche Technology and Nimble Storage, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multi-category electronic products are manufactured globally by the company.
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| domain | founded_year | HQ Location |
Ultra-low-power CBRAM technology is developed for IoT and health applications.
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| domain | founded_year | HQ Location |
Digital in-memory compute engines are developed for efficient AI processing.
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| domain | founded_year | HQ Location |
Non-volatile memory is developed using proprietary STT-MRAM technology.
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| domain | founded_year | HQ Location |
Primary storage, backup, and disaster recovery solutions are delivered.
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| domain | founded_year | HQ Location |
Memory solutions for computing devices are developed and supplied.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Micron Technology
Frequently Asked Questions about Micron Technology
When was Micron Technology founded?
Micron Technology was founded in 1978 and raised its 1st funding round 29 years after it was founded.
Where is Micron Technology located?
Micron Technology is headquartered in Boise, United States. It is registered at Boise, Idaho, United States.
Who is the current CEO of Micron Technology?
Sanjay Mehrotra is the current CEO of Micron Technology.
Is Micron Technology a funded company?
Micron Technology is a funded company, having raised a total of $1.3B across 4 funding rounds to date. The company's 1st funding round was a Grant of $57.69K, raised on Jun 01, 2007.
How many employees does Micron Technology have?
As of Aug 31, 2024, the latest employee count at Micron Technology is 48,000.
What is the annual revenue of Micron Technology?
Annual revenue of Micron Technology is $25.11B as on Aug 31, 2024.
What does Micron Technology do?
Micron Technology, Inc. is established as a prominent player in the semiconductor industry, specializing in memory and storage solutions. The company is engaged in providing a wide range of products including DRAM components, NAND flash, and data center SSDs. These solutions are tailored for various sectors such as AI, automotive, data centers, client PCs, industrial IoT, and aerospace. Operations are conducted with a focus on innovation, as evidenced by technologies like 1γ DRAM and G9 NAND. Expansion efforts in the United States are noted, with memory manufacturing facilities planned in Idaho, New York, and Virginia to enhance economic and national security.
Who are the top competitors of Micron Technology?
Micron Technology's top competitors include Samsung, d-Matrix and Avalanche Technology.
What products or services does Micron Technology offer?
Micron Technology offers DRAM Components, NAND Flash, and Data Center SSDs.
Is Micron Technology publicly traded?
Yes, Micron Technology is publicly traded on NASDAQ under the ticker symbol MU.
How many acquisitions has Micron Technology made?
Micron Technology has made 8 acquisitions, including Elpida Memory, FWDNXT, and Inotera memories.
Who are Micron Technology's investors?
Micron Technology has 2 investors. Key investors include European Union, and U.S. Department of Commerce.
What is Micron Technology's ticker symbol?
The ticker symbol of Micron Technology is MU on NASDAQ.
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