AMD, Fujitsu and Saifun announce collaboration.AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. (NYSE NYSE See: New York Stock Exchange :AMD), Fujitsu and Saifun Semiconductors Ltd. have announced a comprehensive collaboration under which the three companies have agreed to cross-license patents and technology, settle all pending litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. and collaborate in the development of future generations of non-volatile memory (NVM (Non-Volatile RAM) See NVRAM. ) technology. As part of the collaboration, AMD and Fujitsu will also take an equity stake in Saifun. "By combining our long-standing expertise in Flash memory with Saifun's capabilities and intellectual property we will focus on developing the industry's most cost-effective storage solutions," said Dr. Bertrand Cambou, group vice president of AMD's Memory Group. "AMD and Fujitsu will now be able to not only license Saifun's NROM NROM Nitrided Read Only Memory NROM Nitride Read Only Memory NROM Non Volatile Rom technology but also leverage its world-class engineering resources." Dr. Masao Taguchi, general manager of Fujitsu's System Memory Division, added, "The combination of Fujitsu and AMD's leading-edge non-volatile memory technology and Saifun's innovative NROM technologies will cement the companies' market leadership position in non-volatile memory." "Saifun is excited to collaborate with AMD and Fujitsu, two innovative companies that have revolutionized the Flash memory business. Together, we will be able to leverage our respective strengths to create ultra-high density Flash with the world's leading cost-structure based on Saifun's NROM technology. The recognition of our technology and intellectual property by these industry leaders validates Saifun as a leader in non-volatile memory technology," stated Dr. Boaz Eitan, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Saifun Semiconductors Ltd. |
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