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Samsung acquires MRAM developer Grandis

Posted on Wednesday, August 03 2011 @ 13:35:50 CEST by

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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