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Phase Change Memory deal struck between Ovonyx and Numonyx

23 April 2009 | By Mark Osborne | News > Wafer Processing

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Phase Change Memory (PCM) pioneer Ovonyx, has licensed its patents and intellectual property to Numonyx. Financial details were not disclosed. Ovonyx is pursuing commercialization of its array-addressed memory systems through licenses and joint development programs with semiconductor manufacturers including BAE Systems, Intel Corp, ST Microelectronics, Elpida Memory, Samsung Electronics, and Hynix Semiconductor.

“Numonyx is a leading nonvolatile memory solutions provider. They have already demonstrated substantial technical progress in pioneering development of commercial phase-change memory technology,” said Tyler Lowrey, President & CEO of Ovonyx. “Ovonyx has had very productive relationships with both of Numonyx parent companies, Intel and ST Microelectronics, and we look forward to working with Numonyx with their ramp to commercialization of PCM nonvolatile memory products.”

“While PCM represents a significant opportunity to extend the benefits of non-volatile memory to segments currently served by flash memory, it also opens new opportunities in areas current memory technologies aren’t able to go,” said Ed Doller, chief technology officer at Numonyx. “We are very optimistic about its future and believe that with the support from Ovonyx we will continue to expand the capabilities of PCM technology.”

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