Samsung acquires MRAM developer Grandis

Posted on Wednesday, August 03 2011 @ 13:35 CEST by Thomas De Maesschalck

EE Times notes Samsung has bought STT-RAM developer Grandis:

South Korea's Samsung Electronics Co. Ltd. said Tuesday (Aug. 2) it acquired spin-transfer torque random access memory (STT-RAM) vendor Grandis Inc. Financial terms of the deal were not disclosed.

Grandis will be merged into Samsun R&D operations focused on developing next-generation memory , where new semiconductor materials and structures are reviewed for their long-term commercial value, Samsung said. The company said Grandis (Milpitas, Calif.) would contribute to its development of memory technology and become a key part of the company's global R&D network.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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