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 4/10 Good --- www.newsfactor.com http://www.newsfactor.com/xml/rss/syndication.xml
| Tech News by NewsFactor Network (http://www.newsfactor.com). ... |
Tuesday, April 01, 2008 --- 158 days ago http://www.newsfactor.com/story.xhtml?story_id=59075
| Intel, STMicroelectronics and investment firm Francisco Partners closed a deal Monday to create a new flash-memory chip business. Dubbed Numonyx, the company will focus on delivering innovative memory solutions using combinations of leading NOR, NAND and RAM memory technologies as well as new phase-change memory (PCM).
PCM is a promising technology that provides very fast read and write speeds at lower power than conventional flash memory and allows for bit alterability normally seen in RAM.
Numonyx will serve customers who make a variety of consumer and industrial devices, including cellular phones, MP3 players, digital cameras, ultra-mobile computers and other high-tech equipment.
Formidable Competitor
"The complementary nature of the two parent companies' products, technologies and expertise has given us a competitive edge," said Brian Harrison, CEO of Numonyx. "Immediately, Numonyx is a formidable memory-solutions provider."
Numonyx begins operations in the growing and dynamic nonvolatile-memory business with considerable momentum. The company is the leading provider of NOR flash memory and holds a considerable lineup of NAND technologies for growth and DRAM products that provide unique depth and value.
With annual combined revenue of about $3 billion, Numonyx is the third-largest nonvolatile-memory provider. According to industry firm iSuppli, the nonvolatile-memory market generated nearly $22.5 billion in re ... |
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