Formosa Plastics bails out DRAM subsidiaries
News & Analysis 8/30/2012 2 comments
Formosa Plastics Group, parent of Nanya Technology Corp., has put together a bail-out plan worth about $1 billion to keep the loss-making DRAM maker from delisting from the Taiwan stock exchange, according to local reports.
Startup raises $30 million to bring MRAM to market
News & Analysis 8/1/2012 11 comments
A Moscow-headquartered investor has helped MRAM startup Avalanche Technology close a third round of equity funding at $30 million. The money will be used to "productize" the company's technology, which the firm says is ready for action in applications such as solid-state drives.