Cypress Going After ISSI
The alleged plan by China to start a DRAM industry could be scuppered by T.J. Rodgers.
In March the China investment group, Summitview Capital, announced it was buying ISSI for $640 million.
It was thought in some quarters that this was a move to try and get a DRAM industry going in China.
However, fresh from his March takeover of Spansion, T.J. Has now written to the Chairman and CEO of ISSI making a counter offer.