Everspin Technologies names new CEO to guide memory chip business
Everspin Technologies, the maker of a new kind of memory chip, has named chip veteran Aurangzeb Khan as chief executive.
The Chandler, Ariz.-based company designs magnetic random access memory chips, which use magnets to store data. The company started researching the MRAM technology some years ago as part of Motorola, which then spun out all of its chip operations as Freescale Semiconductor in 2004. Everpspin then spun out of Freescale the middle of last year.
The company… Continue Reading
Crocus snags $15.8M to develop magnetic memory chips
French semiconductor maker Crocus Technology has raised $15.8 million in second round financing, in addition to $4.1 million from OSEO, France’s public agency for funding innovation.
The company plans to use the round for continued development of its magnetic random access memory (MRAM) chips, which can store information using magnetic fields. These chips are less volatile, suck less power and are generally faster than the flash memory used in most computers and handheld electronics.
Crocus expects that… Continue Reading
Freescale spins out its MRAM chip business
I wish my memory could get this kind of upgrade. Today, a new kind of chip memory is going to get a boost with the launch of a new venture spin-out company. If it succeeds, we’ll be carrying around much more responsive, instantly available portable gadgets in the future.
MRAM has been in the research labs for a long time as a chip technology that has the combined advantages of both temporary and permanent memory. But… Continue Reading