LONDON – Adesto Technologies Corp. (Sunnyvale, Calif.), developer of resistive RAM non-volatile memory based on conductive bridging random access memory (CBRAM) technology, has acquired certain serial flash product families from Atmel Corp. (San Jose, Calif.)
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The acquisitions include the AT45xxx DataFlash and AT25xxx BIOS Flash product lines and associated patents and include IP licensing to cover support of the products and future product development.
Adesto did not disclose how much it has paid for the product lines.
Adesto said it intends to expand the Atmel product line offerings and that the newly acquired products complement Adesto's line of CBRAM devices for embedded applications. Second generation CBRAM devices are planned to ship in 2013, Adesto stated.
"The industry and market is ready for a supplier that can deliver on today's products and offer a roadmap for the next generation. Our roadmap includes higher density and higher performance devices with lower power and lower cost solutions based on an advanced memory technology that can scale with CMOS," said Narbeh Derhacobian, CEO of Adesto, in a statement.
As part of the agreement, Atmel will provide manufacturing and other transition services to Adesto for up to one year. A team of Atmel employees supporting the product lines will also join Adesto.
Adesto, founded in 2006, is included in version 13.0 of the Silicon 60 list of emerging startups published by EE Times and entered the Silicon 60 at version 10 in April 2010.
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