NXP Semiconductors Sells MRAM Patents to Crocus Technology

Crocus Technology has acquired NXP Semiconductors’ MRAM patent portfolio. The acquisition is the latest step in Crocus Technology’s continuing efforts to build an industry leading patent position. Crocus is a developer of magnetic semiconductor technology for dense, non-volatile, high-speed, scalable chip solutions for general and special purpose applications.

The NXP patents provide fundamental MRAM intellectual property rights in multiple geographies worldwide, including North America, Europe and Asia.

After this acquisition, Crocus now holds over 100 issued and pending patents in magnetic semiconductor technology covering magnetic materials, devices, and design and product technology. Not including NXP acquisition, the bulk of Crocus’s patents have been developed by Crocus engineers and scientists or result from its exclusive partnership with Spintec, a leading magnetic research laboratories based in Grenoble, France.

More info: Crocus Technology | NXP Semiconductors