Samsung Acquires New-Gen Memory Maker Grandis
Grandis' proprietary spin-transfer torque RAM has all the characteristics of what the company calls "an ideal universal memory" for IT devices.Samsung has fortified its research and development arm in the increasingly competitive battle for market share in the solid-state memory sector. Samsung Electronics Co. on Aug. 2 announced the acquisition of Grandis, a 9-year-old firm that makes STT-RAM (spin-transfer torque random-access memory). Terms of the deal were not released.
Grandis will be merged into Samsung's R&D operations focused on developing the next generation of random-access memory, in which new semiconductor materials and structures are reviewed for their long-term commercial value, Samsung said.