LONDON Ė Memory chipmaker SK Hynix Inc., has agreed to buy Link_A_Media Devices Corp. (Santa Clara, Calif.). The purchase price was not disclosed.
LAMD, founded in 2004, is a fabless chip company that develops SoCs for the data storage market. On completion of the acquisition LAMD will become a business unit of SK Hynix focused on customized NAND memory controller ICs.
NAND memory controllers are used in applications such as embedded multimedia cards and solid-state drives.