Numonyx Enters Memory Market

STMicroelectronics, Intel, and Francisco Partners complete deal to create new, innovative memory company

March 31, 2008

1 Min Read
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GENEVA -- Numonyx B.V. officially became a new semiconductor company today, focusing on delivering innovative memory solutions using combinations of leading NOR, NAND and RAM memory technologies as well as new Phase Change Memory (PCM). The new company starts as the leading dedicated memory specialist serving customers who make a variety of consumer and industrial devices including cellular phones, MP3 players, digital cameras, ultra-mobile computers and other high-tech equipment.

Numonyx begins operations in the growing and dynamic non-volatile memory business with considerable momentum. The company is the leading provider of NOR flash memory, holds a considerable line-up of NAND technologies for added growth and DRAM products that provide unique product depth and value. Combined, Numonyx becomes the third largest non-volatile memory provider with a combined annual revenue of approximately US $3 billion(a).

It is rare when a company starts in such a strong position,” said Brian Harrison, chief executive officer of Numonyx. “The complementary nature of the two parent companies’ products, technologies and expertise has given us a competitive edge. We start with a comprehensive product line-up of leading technologies; dedicated capacity; already leading PCM development and delivery; a highly experienced management team and an amazing employee base of memory experts. Immediately, Numonyx is a formidable memory solutions provider.”

Numonyx BV

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