Samsung buys MRAM maker Grandis
Samsung Electronics today said it has acquired Grandis, Inc., a Milpitas, Calif., maker of magnetic random access memory (MRAM) technology.
Grandis' non-volatile memory technology is a future contender to DRAM and NAND flash memory. The technology requires less power and has higher performance than DRAM and NAND.
Samsung said Grandis will be merged into its R&D operations "that are focused on developing the next evolution of memory, where new semiconductor materials and structures are reviewed for their long-term commercial value."
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