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
Date of Report (Date of earliest event reported) March 9, 1994
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Micron Technology, Inc.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 1-10658 75-1618004
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
2805 East Columbia Road, Boise, Idaho 83706-9698
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (208)368-4000
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N/A
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(Former name or former address, if changed since last report)
Item 5. Other events
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See attached press release, dated March 9, 1994, announcing
a patent cross-licensing agreement with Texas Instruments, Inc. of
Dallas, Texas, involving the semiconductor patents of the two companies
and their subsidiaries.
SIGNATURES
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.
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(Registrant)
March 9, 1994 By Reid N. Langrill
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Vice President, Finance; Chief
Financial Officer and Treasurer
MICRON
Technology, Inc.
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NEWS RELEASE
FOR IMMEDIATE RELEASE
Contact: Kipp Bedard
Micron Technology, Inc.
(208) 368-4400
MICRON TECHNOLOGY, INC., ANNOUNCES PATENT CROSS-LICENSE
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AGREEMENT WITH TEXAS INSTRUMENTS, INC.
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Boise, Idaho, March 9, 1994--Micron Technology, Inc., today
announced that it has entered into a patent cross-licensing agreement
with Texas Instruments, Inc., of Dallas, Texas, involving the semiconductor
patents of the two companies and their subsidiaries. As a result of this
agreement, the various patent lawsuits between Micron Semiconductor, Inc.,
and Texas Instruments (TI) in Idaho, Texas, and Delaware have been
settled.
Similar to a prior cross-license agreement between the parties
which expired in 1992, Micron will pay ongoing royalties to TI based on
sales of DRAMs and other semiconductor devices. The company has accrued
a sufficient amount to pay the royalties related to sales for periods
from expiration of the previous cross-license to the date of settlement.
Micron Technology, Inc., based in Boise, Idaho, is a holding company
whose common stock is traded on the New York Stock Exchnage, Inc. (NYSE)
under the symbol MU. The company's primary subsidiary, Micron Semiconductor,
Inc., manufactures and market DRAMs, fast SRAMs, and other semiconductor
products.