SANTA CLARA, California -- Nanochip Inc., an eight-year-old MEMS-based storage company that counts Microsoft Corp. amongst its backers, has agreed to license thin-film nonvolatile semiconductor memory technology from Ovonyx Inc., Ovonyx said Tuesday (Aug. 31). The license agreement permits Nanochip to use Ovonyx memory technology on a royalty-bearing basis in its microelectromechanical systems storage systems.
Ovonyx uses a reversible phase-change memory process, and includes Intel Corp. and STMicroelectronics NV amongst its licensees. In probe-based mechanical storage systems, the reversible phase change data storage technology can permit the fabrication of mass storage systems with bit densities of 1-terabit per square inch, Ovonyx said.
"We are very pleased to be working with the Ovonyx team to use its reversible phase-change recording materials in our high density memory chips. The Ovonyx recording materials support our ultra-high density recording and provide almost unlimited cycle life," said Gordon Knight, chief executive officer of Nanochip, in a statement.
"The Nanochip MEMS-based approach bypasses lithography limits facilitating ultra-high density storage and substantial cost per bit reduction," said Tyler Lowrey, president and chief executive officer of Ovonyx, in the same statement.