29th Jan 2014 14:25
LONDON (Alliance News) - ARM Holdings PLC Tuesday licensed Magnetic Logic Unit technology from Crocus Technology, in an attempt to learn more about a technology that's likely to be increasingly used in products like smartphones.
MLU is a magnetic technology used in mobile and security products like smart cards to replace Flash and RAM memory.
"ARM is keen to investigate and understand how this may ultimately affect our broad ecosystem of silicon partners, OEMs and other stakeholders,? said Vincent Korstanje, vice president of marketing, systems and software at ARM in a statement. ?ARM is pleased to be working with Crocus Technology to gain insight into a technology that could influence future secure devices and micro-controllers.?
No financial details of the license were disclosed.
Crocus produces semiconductor technology. Its headquarters are in California, but it was founded in Grenoble, France.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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