SK Hynix Wins Europe’s Approval for $9 Billion Intel Unit Deal If Hynix gets signoffs from the remaining governments, it will cement its position as the largest Nand producer after Samsung. Bloomberg | May 21, 2021 Shinhye Kang (Bloomberg) -- European regulators cleared SK Hynix Inc.’s $9 billion acquisition of Intel Corp.’s Nand storage unit, taking another step toward sealing a deal to strengthen the Asian chipmaker’s position in the booming memory market. The European Commission has granted approval for the acquisition, the regulator said in a statement Friday. Hynix had earlier secured a greenlight from U.S. regulators and awaits approval from the U.K. and China. Icheon, South Korea-based Hynix, which announced the deal in October, is trying to win approval from the remaining countries this year.