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
- Minecraft boss becomes Xbox boss, replacing Phil Spencer
- Ubisoft says that the PC is the 'superior' gaming platform
- Samsung 4TB SSD teased, will cost a mighty $1900
- Samsung starts producing 16-gigabit GDDR6 for next-gen GPUs
- PUBG patched on PC, fixes performance in large-scale fights
- Realtek sound not working all of a sudden
- Intel Z370 Motherboard Buyer's Guide
- The Coffee Lake Overclocking Guide
- X99-Gaming-5P 6850K 128G Ram - Help Overclock
- Which one is Best laptop in my Budget
- Toshiba Memory America Unveils UFS Devices Utilizing 64-Layer, 3D Flash Memory
- ASUS Announces GeForce GTX 1070 Ti Series Gaming Graphics Cards
- ASUS Announces ASUS Hangouts Meet Hardware Kit
- Colorful Announces iGame GeForce GTX 1070 Ti Vulcan X Top
- Gainward Announces its GeForce GTX 1070 Ti Series