Intermolecular, Inc. - accelerating research and development for semiconductor and clean energy industries - today announced that SanDisk and Toshiba have jointly elected to take an exclusive license, in a limited field, to Intermolecular's rights in the intellectual property developed under the collaborative development program (CDP) and Intermolecular's background intellectual property thereto. The related technologies have been developed for next-generation memory.
The companies' CDP with Intermolecular, specifically aimed at developing certain memory products, materials, processes and device technologies, was concluded on March 15, 2014. Under the terms of the exclusive license, SanDisk and Toshiba will prepay non-refundable royalties in quarterly installments over a predetermined period.
"We believe the memory technology developed within this Collaborative Development Program will result in a competitive advantage for SanDisk and Toshiba in the semiconductor memory market," stated David Lazovsky, President and CEO of Intermolecular. "The IP that has been licensed by these customers is the direct result of leveraging Intermolecular's High Productivity Combinatorial (HPC) technology platform to accelerate research and development. Beyond delivering value to our customers, this license further validates our unique business model for co-developing and licensing differentiated materials, process and device IP to leading integrated device manufacturers."
Recommended for You
Latest News Posts
- MSI X370 Gaming Pro Carbon, a very slick mobo for Ryzen
- AMD Ryzen 5 1600X costs $260, offers Intel perf. at $617
- Early Nintendo Switch consoles were actually stolen
- Why Nier: Automata isn't coming to Xbox One
- Grand Theft Auto movie or TV show could happen
- Asus PRIME B250-PLUS Integated Graphics issue
- Looking for help overclocking a GA-EP43-UD3L
- I5 6600k OC settings.. aorus z270
- ASUS K55VM (LAPTOP A55VM) can't control fan speed for myself
- First ever CPU overclock - is this ok?
- ASUS announces VivoMini VC66R and VC66
- BIOSTAR RACING Series motherboard lineup for AMD RYZEN announced
- Team Group officially announces the T-FORCE DARK series memory module with ASUS ROG Certified
- MSI announces Aero ITX series graphics cards
- ASUS Republic of Gamers announces Strix Impact