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Components | August 03, 2011

Samsung Electronics acquires Grandis

Samsung Electronics Co., Ltd. has acquired Grandis, Inc. (based in Silicon Valley, California), active in the area of spin transfer torque random access memory (STT-RAM).
Grandis will be merged into those Samsung's 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. With its expertise in next-generation memory solutions and strong technical capabilities, Grandis will contribute to Samsung’s continued development of cutting-edge memory semiconductor technologies and become a key part of the company’s global R&D network.

Effective late July, the acquisition includes the full scope of technology, assets and human resources under Grandis, Inc. Further details of the transaction were not disclosed.

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