Texas Instruments, an American technology company headquartered in Dallas, agreed to acquire the Lehi, Utah facility of Micron Technology, an American producer of computer memory and computer data storage, for $900m. "Micron’s Lehi, Utah, facility has a strong history of technology innovation and leading-edge semiconductor manufacturing. We are pleased to have reached an agreement with Texas Instruments as it is an industry leader and truly values the talented Lehi team and the capabilities this site offers to deploy its technology effectively. We are greatly appreciative of the contributions that the Lehi team has made to Micron, as well as the collaboration and engagement Micron has had with the local community," Sanjay Mehrotra, Micron President and CEO.