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It was just a couple of weeks ago that BusinessWeek reported on Micron Technology Inc.'s (NASDAQ: MU) effort to diversify with an acquisition of DisplayTech, a producer of display screens such as those used as viewfinders for digital cameras. Micron, one of the largest memory chip makers in the semiconductor industry, has been reporting losses over the past two years due to steep declines in the price of computer memory.

DisplayTech has been developing a new technology called "pico projection," which can produce crisp images from small devices. This innovation could make it possible to deliver a business presentation from a BlackBerry without having to lug along a laptop and full-sized projector.

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Micron Technology shakes up its imaging business originally appeared on BloggingStocks on Tue, 02 Jun 2009 18:00:00 EST. Please see our terms for use of feeds.

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