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Crocus Technology Acquires NXP's MRAM Patent Portfolio  
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August 29, 2011 -- Crocus Technology, a developer of magnetic semiconductors, today announced the acquisition of NXP Semiconductors' MRAM patent portfolio. These patents provide fundamental MRAM intellectual property rights in multiple geographies worldwide, including North America, Europe and Asia.

"A robust intellectual property portfolio is crucial to building a strong business in competitive technology markets, and this acquisition is the latest step in Crocus' continuing efforts to build an industry-leading patent position," said Bertrand F. Cambou, Executive Chairman of Crocus Technology.

With this recent acquisition, Crocus holds over 100 issued and pending patents in magnetic semiconductor technology covering magnetic materials, devices, and design and product technology. Excluding this NXP acquisition, the bulk of Crocus' patents have been developed by Crocus engineers and scientists or result from its exclusive partnership with Spintec, one of the world's leading magnetic research laboratories based in Grenoble, France.

Go to the Crocus Technology website to find additional information.

E-mail Crocus Technology for more information.

Read more about
Crocus Technology
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NXP Semiconductors
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Keywords: ASICs, ASIC design, IP, intellectual property, cores, memory cores, magnetic RAM, Crocus Technology,
600/34520 8/30/2011 616 83


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