PALO ALTO, Calif. -- Nanosys Inc. said Wednesday (January 14, 2004) that it has agreed to work with Intel Corp. to investigate using nanometer technology for future memory systems.
Intel is set to help support nano-related technology efforts at Nanosys for possible use in memory products. According to the agreement, Nanosys and Intel will work together exclusively on certain areas of memory related technologies for a set period of time.
Nanosys is performing research into chemically and biologically senstive materials and has created numerous nanometer-scale structures include nanowires, nanorods, nanotetrapods, and nanodots from semiconductor materials.
"We're very pleased about working with Intel in such an exciting area of opportunity," said Calvin Chow, Nanosys co-founder and chief executive officer, in a statement.
"Investments in companies like Nanosys play an important role in exploring novel applications of next-generation materials," said David Tennenhouse, vice president and director of research at Intel, in the same statement. "This collaboration will combine the strength of Intel in semiconductor memory technologies and the strength of Nanosys in certain advanced nanomaterials.
Nanosysalso announced that Intel Capital, the strategic investment group at Intel Corp., participated in Nanosys' $38 million second round financing that closed in May 2003.