Micron selling government division
- By Dan Caterinicchia, Dan Caterinicchia
- Mar 25, 2001
Micron Electronics Inc. announced last week that it signed a letter of intent to sell its PC business, Micronpc.com, which includes Micron Government Computer Systems Inc., to a large, privately held, information technology-investment company.
"I believe if anything this will be a very positive development for my subsidiary and its customers," said Harry Heisler, vice president and general manager of Micron Government Computer Systems. "We're going to a situation with a lot more clarity and a lot more focus, rather than a holding company with mixed emotions about what business it wanted to be in — and not be in."
In addition to its PC business, Micron also runs HostPro, an Internet and World Wide Web hosting subsidiary, and SpecTek, which processes and markets various grades of DRAM products. Micron also plans to sell the SpecTek division, according to a company release.
Heisler said that since Micron had become a holding company for the three businesses that had "very little to do with one another," all three were competing for limited corporate resources. That will not be the case with the new owner, which he could not name due to legal disclosure agreements.
"We're going to be in a place where our business is very important, without any hesitation, and without trying to divide scarce corporate resources across very different business models," Heisler said. "This should make us much more competitive," in the government space.