Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > RUSNANO Enters $300 Million Deal with Crocus Technology to Build Advanced 90nm and 65nm MRAM Manufacturing Facility in Russia

Abstract:
Crocus Technology, a leading developer of MRAM technology, today announced that they have closed an agreement to create an MRAM manufacturing company, with a combined investment totaling $300 million. Under the terms of the agreement, Crocus and RUSNANO will form Crocus Nano Electronics (CNE), to build an advanced MRAM facility in Russia, capable of manufacturing medium to high density MRAM products based on Crocus' Thermally Assisted SwitchingTM (TAS) MRAM technology at 90nm and 65nm lithographies.

RUSNANO Enters $300 Million Deal with Crocus Technology to Build Advanced 90nm and 65nm MRAM Manufacturing Facility in Russia

Moscow, Russia | Posted on May 20th, 2011

RUSNANO's total investment commitment to the deal is 3.8 billion rubles (approximately $140 million). Approximately $125 million will be invested in the first round for setting up CNE's MRAM facility in Russia. In addition, RUSNANO along with Crocus' existing investors CDC Innovation, FCPR Ventech Capital, IDInvest Partners, NanoDimension, and Sofinnova Venture Partners will make an equity investment of $55 million into Crocus. An additional $120 million is slated to be deployed in subsequent years to increase production capability of the MRAM facility. Further investment to support upgrades to 45nm and finer lithographic processing is also incorporated into this agreement.

"RUSNANO's investment reflects their commitment to breaking down international divides to stimulate the global nano-technology industry," said Bertrand F. Cambou, executive chairman of Crocus Technology. "We are pleased that RUSNANO has chosen to invest in Crocus's technology and is actively participating in building a unique Russian-based manufacturing facility that will serve a global market."

"We selected Crocus because we believe their technology is best-in-class and promises to bring differentiated MRAM products to market", said Anatoly Chubais, CEO and chairman of the Executive Board of RUSNANO. "Crocus' executive team has a rich history of cooperation with Russian researchers. CNE and Crocus will be important elements of RUSNANO's strategy for establishing the microelectronics industry in Russia based on the world's best technology."

The Russia-based CNE facility will utilize Crocus' technology to create the first dedicated magnetic memory wafer fab in the world capable of high volume manufacturing of MRAM devices on 300mm wafers with 90nm and 65nm feature sizes. The factory will be designed to add MRAM specific processing layers to standard CMOS foundry wafers. The production facility is scheduled to be in operation within two years and will be capable of producing up to 500 wafers per week. Expanded capacity of up to 1000 wafers per week is anticipated under a second phase of investment. In addition, CNE and Crocus plan to create a Learning Center and a Development Ecosystem for advanced memory design and production in the Russian Federation. Crocus will invest over $5 million initially into Russian research organizations to develop advanced manufacturing solutions. This research investment will expand over time to include system-on-chip (SOC) capabilities for secure memory, network processing, and advanced computing.

CNE's 90nm & 65nm manufacturing capability will enable Crocus to offer much higher density MRAM devices than currently available. Products manufactured by CNE will be marketed and sold worldwide by Crocus, excluding Russia and other former CIS states, while CNE will market directly within the former CIS. Crocus products sourced by CNE will address key markets such as storage, mobile communications, networking and cloud computing. In addition to general purpose memory applications, Crocus' TAS MRAM technology will serve specific uses in smartcards, network processing, biometric authentication, near-field communications (NFC), and secure memory. The unlimited endurance, non-volatility, and fast read/write performance of Crocus' MRAM technology are extremely valuable for many of these applications. Crocus' technology will be available for use in both standalone and embedded applications, addressing a total market opportunity of more than $40 billion per year.

The CNE joint venture will be complementary to Crocus' previously announced wafer foundry partnership with TowerJazz, which has successfully entered the final qualification stage, with production ramp of 130nm MRAM devices planned for late 2011. In addition, Crocus will continue to work with SVTC, its process integration R&D partner in San Jose, CA, to develop key manufacturing process steps to be used by CNE.

About MRAM and TAS

MRAM (magnetoresistive random access memory) is a new type of memory technology which combines traditional semiconductor and advanced magnetic technologies, resulting in memory chips that offer the benefits of well-established semiconductor memories, such as DRAM, SRAM, and Flash, without their key limitations. In contrast to conventional memory chip technologies, MRAM data is not stored as electric charge or voltage, but instead by magnetic polarization of storage elements. Crocus' MRAM chips offer the high speed read/write performance, unlimited write cycles, and low voltage operation of DRAM and SRAM, along with the non-volatility and low cost of Flash. TASTM (Thermally Assisted Switching) is a patented Crocus innovation for manufacturing advanced MRAMs, that incorporates unique temperature sensitive magnetic materials and structures for providing scalable and stable high-density memory.

####

About RUSNANO
RUSNANO’s mission is to develop the Russian nanotechnology industry through co-investment in nanotechnology projects with substantial economic potential or social benefit. RUSNANO was established in March 2011 as an open joint-stock company through the reorganization of state corporation Russian Corporation of Nanotechnologies, which was founded in 2007. With this reorganization, the establishment of nanotechnology infrastructure and training of nanotechnology specialists, which was formerly conducted by the Russian Corporation of Nanotechnologies, is now entrusted to the newly created non-commercial Fund for Infrastructure and Educational Programs. The government of the Russian Federation owns 100 percent of the shares in RUSNANO.

Crocus Technology is a leading developer of magnetoresistive random access memory (MRAM) technology for dense, non-volatile, high-speed, scalable chip solutions for general and special purpose applications. The company’s MRAM innovation originated in the Grenoble-based Spintec laboratory, a world-leading R&D center in Spintronics, affiliated with French national laboratories CEA and CNRS. The company will offer discrete, high density MRAM chips that target a wide variety of telecommunication, networking, storage, computing and handheld applications. The company also licenses its technology for both standalone and embedded chip applications. Crocus’ MRAM technology is covered by a comprehensive patent portfolio.

For more information, please visit www.crocustechnology.com.

For more information, please click here

Contacts:
10A Prospekt 60-letia Oktyabrya
Moscow, Russia
117036
P: +7 495 988 5388
F: +7 495 988 5399

Copyright © RUSNANO

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

FEI Launches Helios G4 DualBeam Series for Materials Science: The Helios G4 DualBeam Series features new capabilities to enable scientists and engineers to answer the most demanding and challenging scientific questions June 27th, 2016

Superheroes are real: Ultrasensitive nonlinear metamaterials for data transfer June 25th, 2016

Russian physicists create a high-precision 'quantum ruler': Physicists have devised a method for creating a special quantum entangled state June 25th, 2016

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

Openings/New facilities/Groundbreaking/Expansion

GLOBALFOUNDRIES to Expand Presence in China with 300mm Fab in Chongqing: Company plans new manufacturing facility and additional design capabilities to serve customers in China May 31st, 2016

Albertan Science Lab Opens in India May 7th, 2016

SUNY Poly Partnership with Japan's New Energy and Industrial Development Organization Drives Investment in and Installation of Emerging ‘Green’ Technologies at World-Class 'Zero Energy Nano' Building March 22nd, 2016

Composite Pipe Long Term Testing Facility February 10th, 2016

Govt.-Legislation/Regulation/Funding/Policy

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

Ultrathin, flat lens resolves chirality and color: Multifunctional lens could replace bulky, expensive machines June 25th, 2016

Particle zoo in a quantum computer: First experimental quantum simulation of particle physics phenomena June 23rd, 2016

Titan shines light on high-temperature superconductor pathway: Simulation demonstrates how superconductivity arises in cuprates' pseudogap phase June 22nd, 2016

Chip Technology

GraphExeter illuminates bright new future for flexible lighting devices June 23rd, 2016

Soft decoupling of organic molecules on metal June 23rd, 2016

Particle zoo in a quantum computer: First experimental quantum simulation of particle physics phenomena June 23rd, 2016

Nanometrics to Participate in the 8th Annual CEO Investor Summit: Investor Event Held Concurrently with SEMICON West 2016 in San Francisco June 22nd, 2016

Memory Technology

Ensuring the future affordability of wind turbines, computers and electric cars June 2nd, 2016

Automating DNA origami opens door to many new uses: Like 3-D printing did for larger objects, method makes it easy to build nanoparticles out of DNA May 30th, 2016

Hybrid nanoantennas -- next-generation platform for ultradense data recording April 28th, 2016

Magnetic vortices defy temperature fluctuations: Common magnetic mineral is reliable witness to Earth's history April 19th, 2016

Announcements

FEI Launches Helios G4 DualBeam Series for Materials Science: The Helios G4 DualBeam Series features new capabilities to enable scientists and engineers to answer the most demanding and challenging scientific questions June 27th, 2016

Superheroes are real: Ultrasensitive nonlinear metamaterials for data transfer June 25th, 2016

Russian physicists create a high-precision 'quantum ruler': Physicists have devised a method for creating a special quantum entangled state June 25th, 2016

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

Alliances/Trade associations/Partnerships/Distributorships

FEI and University of Liverpool Announce QEMSCAN Research Initiative: University of Liverpool will utilize FEI’s QEMSCAN technology to gain a better insight into oil and gas reserves & potentially change the approach to evaluating them June 22nd, 2016

French Research Team Helps Extend MRI Detection of Diseases & Lower Health-Care Costs: CEA, INSERM and G2ELab Brings Grenoble Region’s Expertise In Advanced Medicine & Magnetism Applications to H2020 IDentIFY Project June 21st, 2016

Research showing why hierarchy exists will aid the development of artificial intelligence June 13th, 2016

UK NANOSAFETY GROUP publishes 2nd Edition of guidance to support safe working with nanomaterials May 30th, 2016

Printing/Lithography/Inkjet/Inks

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

Perovskite solar cells surpass 20 percent efficiency: EPFL researchers are pushing the limits of perovskite solar cell performance by exploring the best way to grow these crystals June 13th, 2016

'On-the-fly' 3-D print system prints what you design, as you design it June 1st, 2016

Physicists create first metamaterial with rewritable magnetic ordering May 23rd, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic