SUNNYVALE, California and HAMBURG, Germany, June 20, 2011 -
SUNNYVALE, California, June 9, 2011 -
SUNNYVALE, California, June 8, 2011 -
SUNNYVALE, California, June 1, 2011 -
SUNNYVALE, California, May 17, 2011 - Crocus Technology, a leading developer of MRAM technology, and RUSNANO, a
premier nano-technology investment fund, today announced that they have
closed an agreement to create an MRAM manufacturing company, with a combined
investment totaling $300 million. Under the terms of the agreement, Crocus
and RUSNANO will form Crocus Nano Electronics (CNE), to build an advanced
MRAM facility in Russia, capable of manufacturing medium to high density MRAM
products based on Crocus' Thermally Assisted Switching(TM) (TAS) MRAM
technology at 90nm and 65nm lithographies.
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